Growth in mortgage lending has driven profits of £243m at Yorkshire Building Society in the first half of this year. The £95.7m jump in statutory pre-tax profit was attributed to growth in mortgage lending, with balances increasing 3.3% and some 25,000 new mortgages supplied. Interim CEO Alasdair Lenman, who will serve until a replacement is found, said the Society’s profits would help secure its...
Yorkshire Building Society posts big jump in profits but sounds caution over uncertain market outlook
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