Tipton & Coseley Building Society has seen annual mortgage lending figures increase 45 per cent in 2018 to £84m.
The lender had launched of a number of products throughout the year, including a 100 per cent mortgage for first-time buyers with family assistance, and mortgages for the self-employed.
It also offers a retirement interest-only (RIO) mortgage and lends on retirement properties.
The Tipton distributes its products through brokers and direct sales.
In May it appointed Cammy Amaira as director of sales and marketing followed by the appointment of Paul Sawford as business development manager (BDM) for the London and south east England region.
Richard Newton, chief executive, said: "Our 2018 lending results demonstrate our strategy of developing new products alongside investment in our people has delivered and are a testament to the hard work and dedication of our whole team here at the Tipton.
"We are focused on enabling people to own their home at all stages of life and during 2018 our increase in lending has been supported by us launching new mortgage products which have been designed to meet the needs of customers at different stages of their life."
He added: "We were the first building society to offer a retirement interest-only mortgage throughout England and Wales and we now lend on retirement properties too.
"The society has also launched a mortgage for holiday homes which allows short-term letting via AirbBNB. With this mortgage the Tipton were one of the first lenders to allow AirBNB letting on a residential property for an unlimited number of days per year."
carmen.reichman@ft.com
