Harpenden Building Society Latest News

28.11.2011 The Harpenden Building Society instant access cash ISA is paying 2.25%.

Harpenden Building Society Financial results year ended 31/12/2010
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%

Harpenden Building Society Financial results year ended 31/12/2009
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%

Harpenden Building Society Financial results year ended 31/12/2008
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.


Harpenden Building Society Profile and History
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

Harpenden Building Society Directors' Remuneration year ended 31/12/2010
Name
Salary/Fees
Bonus
Benefits
Pension and Life Contributions
Totals
P.G.Marsden
115,000
 
1,000
11,000
127,000
C.D Astley

82,000

 

1,000

8,000

91,000

5 Non Executive Directors during the year
130,000
     
130,000
Total
       

348,000

Harpenden Building Society Product Range
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.


Harpenden Building Society savings accounts,fixed rate bonds and mortgages.