Vernon Building Society grew its mortgage book by 4.6% to £439.5m in 2025, as the society also grew its retail savings balances by 6.2% to £474.9m.

The Vernon’s total assets increased by 5.4% to £534m, while its pre-tax profit also reached £2.8m.

Vernon Building Society was announcing its 2025 annual results and said that demand for its specialist lending proposition had also continued to grow, supporting borrowers whose circumstances are often underserved by larger lenders.

The society also hailed its member experience as a “standout strength”, as it reported an overall satisfaction score of 98.2% from feedback collected through Smart Money People.

“In a year when many households were still feeling the squeeze, we’ve continued to grow carefully, support more borrowers and offer competitive and good value savings products,” commented Vernon Building Society chief executive, Darren Ditchburn.

“Our lending growth shows there is real demand for a human, flexible approach that many larger lenders aren’t providing.

“In 2026, we’ll continue to invest in the future of the society, from specialist mortgages and competitive savings accounts to enhanced digital services and community branches, all while staying true to our mutual values.”

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