
Market Harborough Building Society has reported another year of strong financial results, achieving a profit before tax of £3.4m.
In 2024, the specialist lender’s total assets grew to £863m and it achieved mortgage book growth of £66m, contributing to 45% book growth over the last three years.
The society reported particularly strong growth of over 81% in its bridging finance lending, helping 52% more bridging brokers in 2024. Throughout last year, Market Harborough enhanced its bridging finance offering, by simplifying rates, introducing products up to £5m and extending its maximum LTV of 70% to all applicants.
Commenting on the figures Market Harborough chief executive Iain Kirkpatrick said: “We’ve stayed true to our promises, made decisions based on what was right for brokers and their clients, and are proud to have delivered another record-breaking year, helping more brokers than ever before.”
He added: “To meet the growing demand for an experienced, trusted specialist lender, we’ve expanded our team to reach more brokers and provide even more support to our existing partners. Our recently launched Broker Promise reflects our dedication to being the best for brokers, ensuring they receive the highest level of service and support.”