Dudley Building Society has reported record mortgage lending of £131 million for the year to the end of March.

Gross lending was up by almost 6% year on year, from £124m last year.

Mortgage balances rose to £558m, an increase of 28% over the past three years.

The lender says its growth comes amid ongoing investment in technology.

Earlier this year it launched a new intermediary portal designed to provide faster decision-making, greater consistency and a more streamlined application process.

Dudley also grew savings balances to a record £592m, up from £554m in 2024/25.

Chief executive James Paterson says: “Over the past year we have continued to invest in the people, technology and processes that support our long-term growth ambitions.

“Record mortgage lending, growing mortgage balances and continued improvements in broker engagement demonstrate the progress that has been made across the business.

“Intermediaries play a vital role in helping borrowers access the right lending solutions, particularly where cases may be more complex, and we remain committed to providing the service, expertise and support that brokers value.

“With a strong platform in place and further investment planned, we are well positioned to continue supporting brokers and their clients in the years ahead.”