Latest Blog

Guest blog: Building societies and the importance of hedge accounting

Hedge accounting is an important part of building societies’ operations.  It comes into play when dealing with financial instruments.  In short, it uses investments to minimise potential losses by taking an offsetting position in a related derivative whose value changes inversely with respect to the original investment.  The aim is not to make money but to gain protection from different risks such as interest rate risk or foreign exchange risk.

In this blog BSA associate member, ALMIS International, discusses some of the considerations which can arise when the derivative in question is cancelled. (Read more)

News

Rising house prices put focus on affordability

Consumer expectations about house prices have bounced back to pre-EU Referendum levels after a period when the immediate ramifications of the vote were unclear.  Now, according to data from the Building Societies Association Property Tracker survey, almost half of consumers (49%) expect house prices to rise over the next 12 months.  Just 10% expect them to fall.

But, as a result of this rebound in house price expectations, people are facing greater affordability challenges in buying their own home. (Read more)

Tweets by the BSA

Sector Statistics

Mortgage lending and savings statistics for the building society sector are now available.

Monthly data for Q1 2017 can be downloaded. Please click here for more information.

Events

We organise educational and networking events for building societies.  Many of our events are open to other financial service providers.

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