Advances between December and May totalled £46.2m, a rise of over two-thirds from the same period last year, when £27.4m was advanced.
The same period saw the society’s mortgage book grow to £433m, a rise of 2.2%. Its half-year report indicated it expects the growth to continue, with its mortgage book expected to reach £440m by November.
Chief executive Chris White said that as banks restrict lending in the mortgage market, building societies would see an uplift in business.
“Whilst the low base rate continues to constrain the room for maneouvre for all building societies, Hinckley & Rugby is performing well as we step up the gears of more lending. Our customers, new and existing, remain highly satisfied with our commitment to exceptional service.”
