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In a new communications partnership, the BSA and ITN Productions are producing a news and current affairs-style programme exploring how building societies help people achieve their financial goals.
Independent research from Savings Champion reveals that building societies have outperformed banks in key areas throughout 2018.
The BSA welcomes the decision by the CMA for regulators to take forward the recommendations within their current work without the need for a separate market study at present.
Released today, the BSA Property Tracker survey results reveal that:
Today the FCA published its findings on how mortgage lenders manage customers with long-term mortgage arrears and provide forbearance to affected customers. The BSA comments.
Lending & savings figures for the three months to September 2018.
The Bank of Mum and Dad already provides billions of pounds of help to younger homebuyers. A new report published today highlights how with the right support this role could grow, without jeopardising the long-term financial wellbeing of older generations.
The Building Societies Association has signed up on behalf of its members.
We welcome the Code of Practice and any measures designed to tackle financial abuse and to help victims get the very best support as easily as possible in difficult times.
“We’re delighted that the Prime Minister has announced that the Government is scrapping the cap on council borrowing limits against the Housing Revenue Account, today in her speech at the Conservative Party Conference – something we have been campaigning for over a number of years.
Consumer confidence in home purchase has dropped in September, with the BSA’s Property Tracker Index¹ at -4%, down on June’s figure of -1%.
The UK Public has now been net negative about the time being right to buy a new home, for 6 consecutive quarters.
Lending and savings figures from the building society sector for the three months to June¹ show that the sector accounted for over a third (37%) of the growth in the mortgage market, and took more than a quarter (27%) of cash savings deposits.