Policy
Savings Policy
Building societies are home to a fifth of the nation's cash savings.
2006 was another strong year for building society cash savings, in the face of challenging market conditions. Net savings inflows, at £8.3 billion, were only just down on those for 2005, which with net savings of £9.6 billion was a record year .
Against a background of robust competition from banks and National Savings and Investments, building societies were able to maintain their share of the savings market at just under 20%.
This performance highlights the trust people place in building societies to offer good value products and a safe home for their savings. Societies remained especially strong in the market for cash ISAs, with around 37% of balances outstanding.
Latest Savings Press Releases
Gross lending by mutuals hits high for the year
31.08.2010
Lending and funding data for the mutual sector for July 2010.- Gross lending at mutuals up 19% in June
28.07.2010
Mutual lending and savings figures for June 2010.
Savings Statistics
A range of statistics on savings with building societies, including data on ISAs and Child Trust Funds.
Child Trust Fund
35 building societies offer a CTF Building societies are the main providers of the cash CTF
- Gross lending by mutuals hits high for the year
31.08.2010
Lending and funding data for the mutual sector for July 2010. - Gross lending at mutuals up 19% in June
28.07.2010
Mutual lending and savings figures for June 2010.
Individual Savings Accounts
Building societies are among the main providers of Individual Savings Accounts (ISAs).
- ISAs and Building Societies
This leaflet explains the main features of individual savings accounts (ISAs).
Saving Gateway
The Saving Gateway was scrapped in 2010. It was a scheme intended to help low income households to save.
