The rise continues the Saffron’s expansion of mortgage lending volume, after seeing its lending soar 300% in 2010 compared to 2009.

Saffron put the increase down to a number of competitive new mortgages that it has released in since the beginning of the year, such as its 95% LTV exclusive with Taylor Wimpey homes.

John Eastgate, sales and marketing director at Saffron Building Society, said: “Our lending figures continue to see healthy growth through our focus on offering mortgage products to a broad range of customers, including those with smaller deposits, and offering exclusive mortgage deals to our local member base.

“We are committed to supporting the housing market in our region and our common sense approach to lending, where we take each case on its merits, is clearly proving successful.”