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UK Finance and the Building Societies Association (BSA) will respond to the FCA’s consultation and, with our members, will continue to work with the regulator on measures to support mortgage customers impacted by Covid-19.
Banks and building societies have agreed with regulators and HM Treasury to extend the provision of mortgage payment deferrals of up to a maximum of 6 months in the light of the tightened Covid-19 restrictions announced by the Prime Minister this evening.
Following the announcements from the Economic Secretary to the Treasury, John Glen MP and the FCA on support for mortgage borrowers, Robin Fieth, BSA CEO comments
In Wednesday’s daily press briefing, Housing Secretary Robert Jenrick MP announced significant steps in reopening the England’s housing market by allowing people to move home and conduct property viewings – activities previously restricted by lockdown measures...
Following today’s announcement by the Economic Secretary to the Treasury to amend Lifetime ISA (LISA) rules to help those affected by Coronavirus, Brian Morris, BSA Head of Savings Policy comments
Lenders have given over 1.6 million mortgage payment holidays as of Friday 24 April 2020 to support customers facing financial difficulties due to coronavirus, UK Finance reveals today.
The Money and Mental Health Policy Institute has put together eight urgent standards that all firms can adopt right now to support the growing number of customers in distress.
Due to the ongoing coronavirus crisis the BSA 2020 Annual Conference has been rescheduled to May 2021.
COVID-19 information pages from all UK Building Societies and BSA Credit Union members.
Young Money and the BSA have launched a set of financial education materials for children, parents and carers to use while schools are closed.
The Government has issued detailed guidance for those who are close to moving house and those who are looking to buy or sell a home at this difficult time.
To help home movers impacted by Covid-19, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date.
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