Yorkshire Building Society has more than doubled its profits for the past six months after demand for mortgages from first-time buyers rocketed.
The mutual said it gave mortgages to a record 9,931 first-time buyers in the six months to June 30, around three times the number from the same period in 2020.
Yorkshire Building Society said the jump in demand helped to drive profits higher.
It posted a pre-tax profit of £147.7 million for the past half year, compared with a £67.3 million profit in the same period last year.
The group said the number of residential mortgages it provided over the period rose by almost a third to 41,750.