Skipton International has reported mortgage lending of £334m in the three months to September, compared to £376m for the full year 2021.
It also posted a profit before tax of £11.4m, having already recorded a £18m profit for the first six months of the year.
The bank said there were only 0.5 in 1,000 mortgages in arrears and claimed that it had only repossessed two properties since 2002.
During the quarter, Skipton International introduced US Dollar savings accounts to help widen savings opportunities for its customers.
Its results for the period are unaudited.
‘Skipton on course for record-breaking 2022’
Jim Coupe, managing director of Skipton International, said: “This is an extremely strong set of results, and Skipton is on course for a record-breaking 2022. It would not have been possible, however, without Skipton’s exceptional employees.
“My colleagues constantly amaze me with their knowledge, efficiency and resilience. There have been external challenges this year and each and every one of them has more than risen to the occasion, always putting the customer first. Skipton’s business model has, once again, been proven to be robust.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
