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House price expectations rise significantly, BSA Property Tracker reveals

Released today, the BSA Property Tracker survey results reveal that:

  • House price expectations have picked up significantly, now 40% think prices will rise
  • Housing market sentiment is in positive territory for first time in three years
  • Both housing market optimists and pessimists cite UK’s EU withdrawal for their stance
  • COVID-19 currently a relatively minor concern for those pessimistic towards the market

  • Date: 11 March 2020
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BSA responds MHCLG First Homes consultation launch

Today the Ministry for Housing, Communities & Local Government (MHCLG) launched a consultation on its ‘First Homes’ scheme.

  • Date: 07 February 2020
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Cash ISA Transfer Performance 2019

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.

  • Date: 29 January 2020
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BSA members set target of 1 million workplace savers

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.

  • Date: 21 January 2020
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Even with the prospect of the SEAR, don't leave your cash to dwindle in a high street bank

Updated research from Savings Champion has shown that building societies continue to pay better rates to their customers than banks.

  • Date: 16 January 2020
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BSA comments on FCA savings market consultation

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." 

  • Date: 09 January 2020
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New industry-wide process agreed for valuation of high-rise buildings

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).

  • Date: 16 December 2019
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BSA joins Green Finance Institute coalition for the energy efficiency of buildings

Colin Fyfe, Hinckley & Rugby Building Society CEO & Chair of the BSA Green Finance Taskforce commented: 

“Building societies are supportive of this new, positive and timely Coalition for the Energy Efficiency of Buildings, and we look forward to working together. Our newly formed, sector-led Green Finance Taskforce has been set up with the objective of improving the energy efficiency of the existing housing stock – making energy efficiency improvements as seamless as possible for homeowners.  The links between us are clear.” 

  • Date: 11 December 2019
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General Election adds to uncertainty weighing on housing market confidence

Released today, results from the BSA quarterly Property Tracker survey reveal that:​

- Brexit and General Election result are two of the biggest risks to the housing market
- Housing market sentiment remains negative, but more people think prices will rise
- Energy efficiency of homes is important – and 1 in 4 people think the Government should take responsibility for it

  • Date: 05 December 2019
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Building societies approve over a quarter of mortgages in a relatively flat market, Q3 figures show

Released today, lending and savings figures from the Building Societies Association (BSA) show that building societies accounted for over a quarter of new UK mortgage approvals in Q3 2019.

  • Date: 27 November 2019
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Cash ISA Transfer Performance – Q3 2019

The Building Societies Association (BSA); the Tax Incentivised Savings Association (TISA) and UK Finance (UKF) committed that for 2019, a minimum of 85 per cent of cash ISA transfers would be completed within seven working days.

  • Date: 29 October 2019
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BSA responds to FCA updated responsible lending rules

“The BSA welcomes FCA’s updated responsible lending rules. BSA members actively participated in the implementation group, and we thank the FCA for their collaborative approach to this consultation...

  • Date: 28 October 2019
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