The profit before tax during Q3 was recorded at £11.4million, with profits of £18million for the first half year.

Mortgages have sustained their performance with 2022 lending up to end of September at £334million, compared to £376million for the full year in 2021. 

Jim Coupe, Managing Director, said: “This is an extremely strong set of results, and Skipton is on course for a record-breaking 2022. It’s not been possible, however, without Skipton’s exceptional employees. My colleagues constantly amaze me with their knowledge, efficiency and resilience. There have been external challenges this year and each and every one of them has more than risen to the occasion, always putting the customer first. 

“Skipton’s business model has, once again, been proven to be robust.”