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Castle Trust posts £4.1m pre-tax profit in five months

Castle Trust posts £4.1m pre-tax profit in five months

Castle Trust Bank has published higher pre-tax profits for the period 1 October 2021 to 28 February 2022 than in all of 2021. The bank says it had already delivered pre-tax profits of £4.1m at the end of February, compared to £3.6m in it’s latest annual accounts to 30 September 2021. It says property lending has continued ...

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Castle Trust posts £4.1m pre-tax profit in five months
Castle Trust posts £4.1m pre-tax profit in five months
Castle Trust posts £4.1m pre-tax profit in five months
Castle Trust posts £4.1m pre-tax profit in five months
The voice of the UK mortgage i... The voice of the UK ... | 2 years ago
Castle Trust Bank has published higher pre-tax profits for the period 1 October 2021 to 28 February 2022 than in all of 2021. The bank says it had already delivered pre-tax profits of £4.1m at the end of February, compared to £3.6m in it’s latest annual accounts to 30 September 2021. It says property lending has continued ... This story continues at Castle Trust posts £4.1m pre-tax profit in five months Or just read more coverage at Mortgage Finance Gazette
Castle Trust Bank has published higher pre-tax profits for the period 1 October 2021 to 28 February 2022 than in all of 2021. The bank says it had already delivered pre-tax profits of £4.1m at the end of February, compared to £3.6m in it’s latest annual accounts to 30 September 2021. It says property lending has continued ... This story continues at Castle Trust posts £4.1m pre-tax profit in five months Or just read more coverage at Mortgage Finance Gazette
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But after taking account of £408m in costs related to legacy property repairs and the building safety pledge, statutory pre-tax profit in the year to 30 June 2022 was reported at £642m, down from £812m previously. Barratt said it had also responded to the cost of living crisis offering all staff below the senior management team a temporary £1,000 cost of living supplement to the end of 2022. The firm said it had also brought forward the annual pay review by three months to April 2022 and e...
But after taking account of £408m in costs related to legacy property repairs and the building safety pledge, statutory pre-tax profit in the year to 30 June 2022 was reported at £642m, down from £812m previously. Barratt said it had also responded to the cost of living crisis offering all staff below the senior management team a temporary £1,000 cost of living supplement to the end of 2022. The firm said it had also brought forward the annual pay review by three months to April 2022 and e...
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April posted the fewest monthly mortgage searches since last October, apart from December which is traditionally a slower period, according to Twenty7Tec. The mortgage search platform’s April data also says that last month saw a 20% drop in buy-to-let mortgage searches. It adds that first-time buyers as a percentage of total mortgage searches “has crept ... This story continues at April posts fewest mortgage searches in seven months: Twenty7Tec Or just read more coverage at Mortgage Finance ...
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RWT Horizons, the venture investment arm of Redwood Trust, announced that five new VC investments were finalized during Q1 2022. The post Redwood Trust reveals five new VC deals appeared first on HousingWire.
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Invest in the tax exempt trust and pay no taxes on your money! Generate big tax deductions! If you're doing it right, you can save hundreds of thousands of dollars! Learn what the tax exempt trust is, how it works, and how you can get the full benefit of all the deductions this year. Learn more about your ad choices. Visit megaphone.fm/adchoices
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A reason to trust: Sacramento Community Land Trust aims to put people over profit
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This story from the Sacramento News & Review is a part of the Solving Sacramento journalism collaborative. In 2022 we are focusing on finding solutions to the affordable housing problem in the Sacramento metro region. Solving Sacramento is a project of the Local Media Foundation with support from the Solutions Journalism Network. Our partners include California Groundbreakers, Capital Public Radio, Outword, Russian America Media, the Sacramento Business Journal, the Sacramento News & Review and ...
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Skipton Building Society posts £160m first-half profit
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The voice of the UK mortgage i... The voice of the UK ... | 1 year ago
The group, which also owns estate agent Connells, says its mortgages and savings unit saw pre-tax profit jump by 48% to £128.3m in the six months to the end of 30 June, “due principally to increases in net interest income and improved interest margins”. In May, the mutual posted its highest ever month for mortgage applications, totalling £1.1bn. It also approved mortgages to 6,200 first-time buyers during the half year and extended its shared ownership o...
The group, which also owns estate agent Connells, says its mortgages and savings unit saw pre-tax profit jump by 48% to £128.3m in the six months to the end of 30 June, “due principally to increases in net interest income and improved interest margins”. In May, the mutual posted its highest ever month for mortgage applications, totalling £1.1bn. It also approved mortgages to 6,200 first-time buyers during the half year and extended its shared ownership o...
The Cambridge reveals record pre-tax profits of £11.9m
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mortgagefinancegazette mortgagefinancegazet... | 2 years ago
The Cambridge Building Society has posted record pre-tax profits of £11.9m and capital reserves of £100.6m in its 2021 financial results. The results showed £318m of new mortgage lending, which lead to mortgage book growth of 4.3% and strong liquidity assets of £303m, recording a total asset growth of 1.6% for the year. The results ... This story continues at The Cambridge reveals record pre-tax profits of £11.9m Or just read more coverage at Mortgage Finance Gazette
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