The UK's eighth largest building society has recorded its biggest month for applications since May 2002, with over £252m of applications received. With the Council of Mortgage Lenders recently reporting only a slight increase in mortgage lending, these results represent an excellent performance by the UK's eighth largest building society.
Karen Wint, Head of Marketing & PR said, "I am delighted with the number of applications received in September, which demonstrates that we are providing our customers with competitively priced mortgages.
"We are firmly committed to offering our customers a choice of channels through which they can apply for a mortgage. The number of applications received was evenly split across these and, therefore, we are also supporting both direct and intermediaries with a fast and efficient service to compliment our excellent product range.
"We have also recently launched a highly competitive 2-year fixed rate mortgage at only 4.75 per cent. Unusually for a fixed rate product of this type, there are no lock-ins whatsoever and customers can pay the mortgage off at any time without penalty. This combination of a fixed rate combined with the flexibility of unlimited capital repayments further underlines our commitment to both direct and introduced customers."
