Chelsea Building Society saw its gross lending increase 12 per cent to £739m in 1998.
Retail funding was up 13 per cent to £448m. Its assets were up 15 per cent to £4202m. Pre-tax profits were up 12 per cent to £33.5m.
Chief Executive Michael Bage says: "In a subdued market, the society lent a record £739m on mortgages, while savers' balances grew by almost £450m. Both figures are significantly better than proportional market share."