Building society boss is delighted with results

Market Harborough Building Society has reported a strong performance in 2014 with growth in capital, profit and savings and mortgage balances.

Pre-tax profits for the year ending December 31, 2014, rose to £2m.

Chief executive Mark Robinson said “The society is committed to its core markets and continues to invest in the future. We are well capitalised and can support steady, sustainable growth. We are proud to operate for our members and are committed to thriving as a modern mutual.

“In 2014 we helped many first time buyers and older borrowers. At the same time prudent lending meant that we did not repossess a single borrower in the last twelve months.

“Mortgages are all underwritten individually and designed to address the needs of those not readily served by the big banks.”