Harpenden Building Society Financial results year ended 31/12/2010
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The Harpenden Building Society made a profit after tax for the year of £1,751,000 as against £1,756,000
the year before. This was after the fscs levy of £21,000. Provisions for mortgage losses were £79,000.
Mortgage balances increased by £7 million and savers balances grew by £23 million. Management expenses as a percentage of mean total assets fell to 1.10% from 1.13%
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Harpenden Building Society Financial results year ended 31/12/2009
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The Harpenden Building Society made a profit after tax for the year of £1,756,000 as against £904,000
the year before. This was after the fscs levy of £48,000. Provisions for mortgage losses were £128,000.
Mortgage balances increased 19.1% and £52 million was advanced to new and existing borrowers.
Management expenses as a percentage of mean total assets increased to 1.27% from 1.20%
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Harpenden Building Society Financial results year ended 31/12/2008
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The Harpenden Building Society made a profit after tax for the year of £904,000 as against £1,082,000
the year before. This was after the fscs levy of £175,000. Provisions for mortgage losses were £95,000. With these
results the Harpenden is one of the few building societies who would have increased profits had it not been for the fscs levy. Highlights Share and deposit balances increased
11.05% Mortgage balances increased 9.16% No wholesale money
market deposits held at the year end.
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Harpenden Building Society Profile and History
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Established 3rd March 1953 Head Office Harpenden Building Society Mardall House, 9-11 Vaughan
Road Harpenden Hertfordshire AL5
4HU Tel 01582 765411 Branches Harpenden Building Society Aberdeen House 14-16 Station Road Harpenden Hertfordshire AL5 4SE Harpenden
Building Society 341 Watling Street Radlett Hertfordshire WD7 7LB Harpenden
Building Society 22 Market Square Leighton Buzzard Bedfordshire LU7 1HE
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Harpenden Building Society Directors' Remuneration year
ended 31/12/2010
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Pension and Life Contributions
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82,000
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1,000
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8,000
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91,000
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5 Non Executive Directors during the year
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348,000
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Harpenden Building Society Product Range
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The Harpenden Building Society offer a range of products. For savers the savings accounts on offer include instant access (escalator account) notice accounts, ISAs, savings bond (freestlye) and childrens accounts. The Harpenden Building society also offers a range of mortgages including lifetime-interest
only, re-mortgages, bridging loans, buy-to-let, and guarantor.
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