Monmouthshire Building Society report increase in lending

Monmouthshire Building SocietyThe Monmouthshire BS continues to grow from strength to strength, reporting that gross lending for the financial year ending 30 April 2014 is £157m, an increase of 7.5% from the previous year at £146m. Pre-tax profits were also up, some 27% from £41m to £5.2m and the mutual also reported a 10.3% increase in total assets.

The Monmouthshire are a regional lender with strong products in both the commercial and residential sectors. The lender also has tailored solutions for Holiday Homes, Student Accommodation where a parent is buying a property for their sibling to reside in and rent remaining rooms to other students and furthermore, they have excellent HMO mortgage products.