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Criminals use exceptional circumstances like the current COVID-19 situation as a chance to pose as employees of a genuine organisation, such as building society / bank staff and police officers and target you for fraud scams.
Further to the Chancellor’s announcement regarding the mortgage industry’s support for homeowners who are experiencing financial issues due to COVID-19, lenders representing banks, building societies and other specialist lenders have come together to announce additional support for homeowners and residential landlords.
The latest BSA position on COVID-19 (coronavirus)
Today Chancellor Rishi Sunak delivered his 2020 budget. The BSA comments...
Released today, the BSA Property Tracker survey results reveal that:
Today the Ministry for Housing, Communities & Local Government (MHCLG) launched a consultation on its ‘First Homes’ scheme.
92 per cent of cash ISA transfers were completed within seven working days between 1 January - 31 December 2019, reports the BSA, TISA and UK Finance.
The Building Societies Association (BSA) has today announced the sector’s ambition to create a million workplace savers by 2025. The project was developed by the BSA’s member-led Savings Taskforce, which will work with partners to achieve the target.
Updated research from Savings Champion has shown that building societies continue to pay better rates to their customers than banks.
Brian Morris Head of Savings Policy at the BSA says: "“We support the FCA’s intentions to improve the outcomes for long-standing savers across the whole market, but are uncertain that the proposed single easy access rate for cash savings (SEAR) will deliver the desired result."
The Royal Institution of Chartered Surveyors (RICS), The Building Societies Association (BSA), and UK Finance have today agreed a new industry-wide valuation process which will help people buy and sell homes and re-mortgage in buildings above 18 metres (six storeys).