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Swansea Building Society appoints new Finance Director

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SWANSEA BUILDING SOCIETY has recently appointed a new Finance Director. Nathan Griffiths from Swansea has been appointed at the Society’s head office in Cradock Street, Swansea.

A Chartered Accountant, Griffiths has an impressive background in financial services having spent eight years at Deloitte specialising in providing advisory and assurance services to building societies and retail banks across the UK. Upon leaving Deloitte as a senior manager, Griffiths joined Monmouthshire Building Society where he has spent the last four years as Financial Controller.

Griffiths joins Swansea Building Society during a time of prosperity. The Society reached record-breaking highs in terms of its total assets, mortgage and savings balances in 2018, when it celebrated the largest single year of growth on both sides of its Balance Sheet in the Society’s history.

The Society remains one of the few financial institutions in the UK that has no wholesale funding or support from the Bank of England in the form of cheap funding. Its Balance Sheet is funded entirely by customer savings balances and its own capital reserves built up from retained profits over many years.

Alun Williams, Chief Executive of Swansea Building Society, said: “We are thrilled to welcome Nathan to Swansea Building Society during such a prosperous time. His impressive financial background and experience within the building society sector makes him a solid asset to the Society. We look forward to working with Nathan and have no doubt he will provide a valuable contribution to the Society, which will enhance our dedication to offering our members an outstanding personalised service.”

Nathan Griffiths, newly appointed Finance Director at Swansea Building Society, added: “I am delighted to be joining Swansea Building Society at such an exciting time in its history. The Society has achieved unprecedented levels of success in recent years. Being born and brought up in Swansea, I am really excited to be bringing my experience within the building society and banking sectors to my local Society and working with the team to contribute to the Society’s future success.”

Business

The Range’s Swansea Store Shortlisted for ‘Best Christmas Display’

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Christmas has arrived early for The Range stores in Wales, boasting gigantic displays of all-things festive! The Range is well known for going all out during the Christmas season to create a fun and magical experience full of trees, lights, decorations and much more for their customers to enjoy and this year is no exception. The Range in Swansea surpassed expectations with a display so great, it’s left them shortlisted for ‘Best Christmas Display’ out of all The Range’s 182 stores.

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Business

Swansea Building Society unveils bespoke mortgage product for medical professionals

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Following extensive consultation with mortgage brokers and customers, Swansea Building Society has unveiled a new mortgage product specifically designed to offer medical professionals enhanced terms and a better deal.

The Medical Professional Mortgage Product is designed specifically for cases where the applicant, or one of the applicants in the case of a joint mortgage, is a medical doctor, surgeon or dentist. They might be looking to purchase a property, re-mortgage from another lender, or raise capital against equity in a property.

This new product also allows customers to borrow a higher amount against their income compared with standard mortgage products, subject to meeting affordability rules. Sole customers will be able to borrow up to 5.5 times their sole income (the standard criteria is a multiple of 4.5) while joint customers will be able to borrow up to 5.0 times their joint income (the standard criteria is a multiple of 3.5).

The new product was made available to customers from October 1, 2020.

Alun Williams, chief executive of Swansea Building Society, said:

“We are constantly reviewing what we do based on feedback from customers, brokers and our wider analysis of the mortgage landscape to ensure we are competitive where relevant in the current market.

“In this case, we wanted to develop a product that would reflect the current and future earnings potential of some of our clients who work in the medical profession. We are delighted to be able to roll this product out; we have already had very good feedback from our network of brokers.”

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Simon Mayo to join Swansea local radio

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BAUER MEDIA is proud to today detail a new local initiative that Greatest Hits Radio and The Wave will launch within Swansea and South Wales aimed at helping local workers, charities and businesses as they deal with the economic impact of the Covid-19 pandemic.
Swansea Sound will lead the ‘Getting You Back to Work’ campaign, as it relaunches as Greatest Hits Radioin September. The scheme, which will also run across sister station The Wave, aims to promote local job opportunities both on-air and online. Local employers will be encouraged to submit vacancies for inclusion, allowing them to reach a wide audience of local job-seekers free of charge. Job vacancy bulletins will be broadcast four times a day to local audiences and will be promoted on the relevant Greatest Hits Radio and The Wave websites.
As Swansea Sound gets set to join the Greatest Hits Radio Network, it is also announced today that it will welcome esteemed broadcaster Simon Mayo to its line-up. The former BBC Radio 2 host currently hosts a daytime programme on Greatest Hits Radio’s classical sister station, Scala Radio. However, with this move he’ll be returning to his popular music roots as he presents a new weekend show. ‘The Album Show with Simon Mayo’ will be a weekly three-hour programme dedicated to the greatest albums of all time, including features that explore listeners’ record collections and a weekly Classic Album Countdown. This show aims to celebrate the good times and great memories albums bring as Simon plays their Greatest Hits.
Greatest Hits Radio, which will officially launch across Swansea and South Wales on 1st September, offers listeners the biggest songs of the 70s, 80s and 90s, celebrating music from iconic artists like Blondie, Queen, George Michael, Madonna, Fleetwood Mac, David Bowie, Elton John and Whitney Houston. The station’s presenters will include a local weekday line-up as well as legendary broadcaster’s Mark Goodier, Paul Gambaccini, Simon Mayo, Janice Long and Pat Sharp on weekends.
Online applications for the ‘Getting You Back to Work’ campaign will open on the 1st September 2020. Employers looking to participate should email jobs@greatesthitsradio.co.ukfor more information on how to apply.
Graham Bryce, Group Managing Director – Hits Radio Network Brand,said, “As we look to the future, we’re very excited to add Simon Mayo to our weekend line-up. Simon’s track record speaks for itself and to have someone of his experience and status join the network adds a new dimension to the Greatest Hits presenter line-up.
“Alongside this, our stations continue to be committed to the local community and we’re proud to launch this initiative to provide a valuable boost at a time of great uncertainty and hardship. We know the pandemic has hit communities across the UK hard, and we want to use our privileged position to promote opportunities.”

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