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Birmingham Post
Birmingham Post
Business
Tom Keighley

HISTORICAL FACTS: Skipton building society more than doubles profits in record year - The Untold Story

Skipton Building Society has reported a record 129% increase in profit before tax to £271.8m in 2021, up from £118.8m.

The mutual - which operates 100 branches across the UK - saw its membership increase to 1,082,997 and made gains in its savings and mortgage businesses.

Skipton said its property services company, Connells, had achieved record mortgage completions of £5.4bn, including record completions for first time buyers.

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