Covers a range of topics relating to mortgages and the wider housing market.
Covers issues relating to savings accounts and payments.
Covers developments in conduct of business regulation
Covers issues relating to the corporate governance and constitution of building societies.
People related matters such as talent development, apprenticeships and diversity.
Internal and external accounting assurance and matters relating to tax.
The regulation and supervision of firms to ensure their safety and soundness under the remit of the Prudential Regulation Authority.
A new legal aid scheme to support borrowers at risk of repossession (member only content).
Building societies and credit unions are customer-owned mutual organisations. Their culture is focused on their members and communities and this influences their day to day decisions.
A wide range of statistics relating to the UK mortgage and housing markets.
Research, analysis and guidance about our members and the issues that affect them.
Retail savings data including net receipts and deposits, ISAs and interest rates.
Operational and financial information about building societies. Includes AGM & financial results and remuneration details.
Submission and publication deadlines for BSA data and reports.
Bank Rate cut to 4.75% but pace of rate cuts expected to moderate in wake of Budget
News and views on topical issues from the BSA and guests.
View our latest press releases and comment here.
The BSA's quarterly magazine covers whats happening in the world of building societies, credit unions and the wider financial services sector.
A quarterly survey that assesses consumer sentiment regarding the UK property market.
View biographies and download photos of the BSA's key spokespeople
BSA speeches from events and seminars
View the latest webinars, training and other events open to members, associates and other stakeholders
View our latest BSA Annual Conference and comment here.
View our latest Past events & summaries and comment here.
Learn how to promote your event to the BSA's membership.
An introduction to treasury management (30th January 2025)
Find factsheets on mortgages, savings and the building society sector.
Track building societies that no longer exists and get a link to its successor's website.
Find mortgage instructions and specific requirements setting out individual building society policies.
The UK Savings Week campaign aims to get people engaged in saving.
Toolkits to develop Workplace Savings are available here.
Here you can find our publications, responses to consultation documents, mortgage instructions, statistics and sector job vacancies.
Find out more about the BSA and the sector.
Contact details for each of our 49 members.
Our Associate members include a wide range of companies from insurers, banks, accountants, solicitors, and other business suppliers to BSA members.
The National Credit Union Forum (NCUF) is the Credit Union Committee of the BSA.
Find out how building societies have purpose beyond profit
View biographies and download photos of our key spokespeople
Vacancies for senior management, executive and other positions at the BSA and its member organisations
Find out the wide range of benefits of joining the BSA as an associate member.
The Building Societies Association is the voice of the UK's building societies.
The lending and valuation industries agree that owners, and/or prospective buyers of flats should have confidence that the home they live in, or wish to buy, is safe and free from fire safety defects.
In light of the recent announcements made by the Government to ensure leaseholders are protected from remediation costs associated with fixing fire safety issues in blocks of flats over 11 meters, lenders and The Royal Institution of Chartered Surveyors (RICS) are issuing the following statement to clarify the current lending position for such properties.
Providing the mortgage application meets all the lender’s other policy and regulatory requirements, we can confirm the following lending position:
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Lenders will continue to lend |
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Lenders will take the necessary steps to facilitate lending where a costed and funded remediation plan is agreed with committed dates for starting and finishing all specified/required work*. |
RICS supports the above, as this will enable valuers to provide a valuation within their existing obligations under RICS and international standards, which reflects the costed and funded remediation plan. RICS expect that EWS1 assessments are undertaken in accordance with the British Standards Institution’s (BSI) PAS 9980.
Lenders and RICS will continue to work with Government and key industry stakeholders to develop a proportionate approach to addressing this situation for leaseholders. This will include a further review of lending and valuation policies in relation to lending on properties rated EWS A3 or B2, once the Building Safety Bill becomes law and enshrines the statutory protections for leaseholders and details the operation of the Remediation Order regime.
*Lenders will work with the Government, RICS, the Building Societies Association (BSA), and UK Finance to establish a framework to enable verification of these key requirements, to ensure transparency for leaseholders, and prospective purchasers.
Lenders supporting this statement as at 31 March 2022 are:
Barclays Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest and Santander
UK Finance and the Building Societies Association are working on a second phase, expanding the agreement to include more lenders in the coming weeks.
RICS, UK Finance and the BSA also endorse the statement.
Ends
Notes to Editor
Contact information:
UK Finance press office Tel: 020 7416 6750 or email press@ukfinance.org.uk
BSA press office Tel: 0207 520 5926 or email pressoffice@bsa.org.uk
UK Finance is the collective voice for the banking and finance industry. Representing more than 300 firms across the industry, we act to enhance competitiveness, support customers and facilitate innovation.
The Building Societies Association (BSA) represents all 43 UK building societies, as well as 6 of the larger credit unions, all of which are customer owned and have between them over 25 million customers across the UK.