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Figures released today from the BSA for Q3 2021 show continued momentum in the housing market, with gross lending by building societies up 22% compared to the same period in 2020.
BSA comments on the MPC decision
Cash ISA Transfer performance Q3 2021
In commenting on the Government's Heat and Building Strategy, the BSA trusts that the Government will tread carefully to avoid unintended consequences which could generate harm to individuals, mortgage providers and the economy. In particular the suggestion that they could make it mandatory for mortgage lenders to have an average EPC C rating across all of the properties in their mortgage book by 2030. With 60% of all homes currently above EPC C it will take time to shift the dial and society requires a just transition, not a two tier market. See the full comment.
The latest Property Tracker survey from the Building Societies Association (BSA), reveals that the housing market is looking resilient despite the end of Government support schemes looming.
UK Finance and the Building Societies Association are calling for important changes to be made to the Support for Mortgage Interest (SMI) scheme to help struggling homeowners as the furlough scheme draws to a close.
BSA comments following the publication of the independent review on housing
The industry can report that 83 per cent of cash ISA transfers were completed within seven working days during the period 1 January 2021 to 30 June 2021.
BSA and UK Finance comment on report by independent experts on building safety in medium and lower rise blocks of flats
Open letter from the BSA to the Secretary of State for Business, Energy and Industrial Strategy
The latest Property Tracker survey from the Building Societies Association (BSA), reveals consumer confidence in the housing market remains strong.
The latest Property Tracker survey from the Building Societies Association, reveals consumer confidence in the housing market remains strong in Wales.