Skipton Building Society was formed in 1853 head office address is Skipton Building Society
Skipton Building Society, The Bailey, Skipton, North Yorkshire, BD23 1DN.
They
have 104 branches across the UK and 850,000 members.
They offer
a number of products including
Mortgages- The Options Mortgage,
Fixed Rate Mortgages, Tracker Mortgages, Buy-to-Let Mortgages and remortgaging for existing additional borrowing f current
Skipton Borrowers.
Savings Accounts- E-Savings,
Postal Savings Accounts, ISAs, Fixed RateBonds and Children's Savings.
Insurance-Home Insurance, Income Protection Benefit, Life Cover, Over 50s Life Insurance Plan, Mortgage Payment Protection and Medical Insurance.
For
the year ended 31/12/2010 The Financial Results for Skipton Building Society were 2009 figures in (brackets)
Profit £25,500,000 (£57,400,000)
Assets
£13,739.5 million (£15,568.8 million)
Executive Directors
Pay £1,057,000 (£891,000)
Non Executive Directors
Pay £374,000 (£384,000)
During the year the Skipton
building society mortgage advances were £481 million an increase of 18% on the previous year. Arrears
rose slightly although impairment losses fell to £15 million from £44 million the year
before.
Ratio of management expenses to mean assets increased
to 2.70% from 2.63% the year before.
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