Saffron Building Society has announced record results for 2014 but warned that this year will be tougher.
In a buoyant 2014, Saffron advanced a record amount of £240 million in mortgages.
It also won the Moneyfacts award for Best Service from a Mortgage Provider.
And it achieved strong growth profits before tax to £3.8 million, with total assets maintained at £1.2 billion.
The society pinned its success on its strategy of delivering a wide range of mortgages to suitable applicants, while maintaining long-term credit standards.
Chairman Geoffrey Dunn said: "We are very pleased by the strong financial results in 2014. It is important for the Society to make profits as this helps us to improve the financial strength of the society and hold the capital required of us by our regulators.
But he warned that 2015 is likely to be a tougher year for the Society with increased competition, in particular for mortgages.
"We shall continue to work with our strengths, concentrating the majority of our lending in our own local region, while aiming to attract and retain high quality customer deposits, to maintain the security of our Society."
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