We have updated our Privacy Policy and our Cookies Policy. The cookies that we use make our website work and helps us to analyse how the site is used by our visitors and improve our services.
Allow activity tracking?
I want to manage my cookies - Find out more
Visit BSA Blogs for more Newsbite articles.
Newsbite is our monthly e-newsletter, providing the latest news, views and stats from the building society sector.
Subscribe to the Blog
By subscribing you consent to us sending you newsletters
After a turbulent few weeks in Westminster, positive changes are beginning to take place. The Department for Education (DfE) has taken on responsibility for higher and further education policy, as well as apprenticeship and wider skills policy; previously under the remit of the Department of Business, Innovation and Skills (BIS).
Robin Fieth, Chief Executive of the BSA, discusses his view on moving forward... Waking up on the 24 June on the other side of the Atlantic to the outcome of the UK EU Referendum vote, I want to share some personal views on what next.
House prices, an ageing population and consumer expectations are prompting a shift in the UK housing market, consumer research from the Building Societies Association suggests.
Since last Friday’s Referendum result, the topic of the UK’s departure from the European Union has reverberated around the world. The BSA discusses potential effects...
Staff from Progressive Building Society pulled on their running shoes and ran into the dark of night last Wednesday, all in the name of charity.
It was an evening of celebration at Loughborough University last week, as the BSA MSc Leadership and Management students marked the end of their first academic year on the programme...
With the new Bank of England and Financial Services Act now in law the building society sector has gained a significantly stronger competition requirement. Clause 20 in the act requires the regulators to consider financial diversity, specifically mutuality, when carrying out its duties.
Listening to John Warren and Barnaby Davis speak about branches of the future at the BSA Annual Conference, in a presentation as engaging and interactive as the topic itself, it quickly became apparent that although branches have come a long, long way in the last 30 years, this is nothing compared to what is to come.
The Government announced its legislative programme for the coming year on 18 May 2016, with a number of Bills of interest for the building society sector. A brief outline of what we can expect follows, with further information due as Bills are published in the coming months.
Her Majesty’s Land Registry recently celebrated its 150th birthday – a milestone showing that the registration of land by the state is a system which has stood the test of time. Land registration is one of the oldest functions of our legal system and is an essential element of the property market. It is, of course, of vital importance to building societies who rely on the Land Registry to register their mortgage against the property as security when they lend someone the money to buy a home.
Listening to Richard Horne, a Partner at PwC specialising in Cyber Security, speaking at the BSA Conference, it became abundantly clear that cyber everything is proliferating. With the increase in ‘digital’ and just the sheer cyber interconnectedness of everything comes significant reward, but greater and different risks that must be faced by firms and consumers alike.
A recent report from management consultancy Oliver Wyman on modular financial services included a two-page comic book depicting what buying a house in the future might look like. The comic depicts a woman walking into an estate agency looking for a one-bedroom flat. A property fitting her criteria is available and she views it through a virtual reality (VR) headset. She agrees to buy it and immediately gets a breakdown of her financial situation.