Harpenden Building Society
About Harpenden Building Society
The Harpenden Building Society is one of the UK’s
newest mutual building societies as it was only formed on 3rd March 1953.The
first office was opened in Station Road in May 1960, with further offices
opening in Radlett in May 1981 and Leighton Buzzard in May 1992. In September
2010 they opened a fourth branch in Wendover, and a further branch in Tring in
January 2011. They are members of the buildings society association and the FSA
Reg No is 157260.
Harpenden Building Society Information
Head Office – Harpenden Building Society, Mardall
House, 9-11 Vaughan Road, Harpenden, Hertfordshire, AL5 4HU. Tel 01582-765411.
Branch Offices –
341 Watling Street,
Radlett, Hertfordshire, WD7 7LB
38 High Street, Tring,
Hertfordshire, HP23 5AA
3 Icknield Court, Back
Street, Wendover, HP22 6EB
22 Market Square, Leighton
Buzzard, Bedfordshire, LU7 1HE
23 Market Hill, Buckingham,
MK18 1JX
Harpenden Building Society Products
Savings Accounts – Cash ISA, Childrens Savings
Accounts, Notice Accounts, Instant Access and Freestyle Bond.
Mortgage Accounts - Mortgages available include
Guarantor Mortgages, Re-Mortgages, Bridging Loans, Second or Holiday Homes, Buy
to Let and Agricultural or Equestrian Mortgages.
Insurance – N/A
Others - N/A
Financial Results Year Ended 31/12/2011
Profit after tax £1,221,000
During the year, £41.7m was advanced to new and existing borrowers (2010: £37.9m). Total mortgage balances increased by 7.2% in the year (2010: 4.5%). At 31 December 2011, there were six mortgage accounts that were 12 months or more in arrears (2010: eight), the value of arrears was £98k (2010: £160k) and the capital balance was £1.5m (2010: £2.3m). In addition, at 31 December 2011 the Society has nil properties in possession (2010: one).
Savings balances grew by 4.3% in the year (2010: 6.5%). Financial Results Year Ended 31/12/2010
For the year the Harpenden Building Society made a
profit after tax of £1,751,000 (£1,756,000).
Mortgage Lending – Mortgage balances increased by £7.0m
(4.5%) to £161.1m.
Savings – Share and deposit balances that increased by
over £23m in 2010.
Harpenden Building Society Directors
M.W. Willis (Chairman), N.S. Terry (Vice-Chairman), C.D. Astley (Finance Director), D.J. Holland (retired 27 April 2011), P.G. Marsden (Chief Executive and Secretary), J. Mortimer Sykes (appointed 27 October 2011), P.V. Smith (appointed 26 May 2011), H.H. Titcomb and K.M. Wilson.
Membership Numbers – The Harpenden has 1074 borrowing
members and 21,114 investing (saving) members.
Other information – website harpendenbs.co.uk. | 
