Dudley Building Society has reported 2022-23 as a year of growth across the business.
Mortgage lending before repayments totalled £112.3 million, a 58% increase on the previous year.
Total mortgages grew 6%, with the Society now the 26th biggest in the UK and the 12 months represented its second highest year ever of gross lending.,
Robert Oliver, distribution director at the Society, said: “Since joining the Society in November of last year, I’ve made it my priority to provide an excellent experience for our intermediary partners.
“The last year wasn’t without its challenges, as economic uncertainty has had its impact across the market. However, our top priorities have remained the same, which are to maintain a competitive range of products across our specialist lending areas, and maintaining prompt turnaround times for applications.
“The Intermediary Support Team at the Society has continued to grow over recent months, and we’ve focused on improving the overall experience through DIP to completion. We have a brilliant team of dedicated and experienced individuals, who provide the personal touch and human, common sense approach to underwriting that takes the complexity out of complex mortgage applications.
“In more recent months, we have seen a high volume of applications come through to the Society, and already have a pipeline that should meet much of our lending target for the year. This progress is a testament to both the products and service that we offer.”
