Teachers Building Society has announced a record month for mortgage lending and savings deposits.
The Dorset-based mutual saw mortgage lending rise in August by 50 per cent year on year to £9.1m, making it the highest amount of lending in one month.
Savings inflow reached a new high last month, too, with more than £10m being deposited by customers, a year-on-year increase of 30 per cent. The society’s savings accounts have featured in Best Buy tables.
