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24 building societies reach finals of Moneyfacts 2019 awards

24 building societies have reached the finals of the Moneyfacts 2019 Awards.  Their success stretches across nine mortgage categories; five savings and current account categories; and the Innovation in Personal Finance and Personal Finance Provider of the Year categories.

  • Date: 18 March 2019
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Concerns over job security at a five-year high as Brexit uncertainty persists, reveals Property Tracker survey

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

  • Concerns over job security is at a five-year high
  • A third of people do not think that now is a good time to buy a property
  • Almost a third of the UK thinks that property prices will fall over the next year

  • Date: 13 March 2019
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BSA comments on the Authorised Push Payment (APP) Scams Voluntary Code publication

The APP Scams Steering Group has published a voluntary code of practice. It will come into effect on 28 May when members of the Steering Group will abide by the code, and encourage other financial service providers to do the same.

  • Date: 01 March 2019
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Strong Q4 boosts building society 2018 performance

Lending and savings figures published today show that building societies lent £68.9 billion in mortgage finance in 2018, up 7% on 2017.  Over the same period savings balances increased by £14.3 billion, well ahead of the £8.5 billion increase for the previous year.

  • Date: 11 February 2019
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Cash ISA Transfer Performance 2018

The BSA, TISA and UK Finance report that  90% of cash ISA transfers were completed within seven working days during the 12-month period from 1 January 2018 to 31 December 2018, well above the 85% target.

  • Date: 01 February 2019
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'For people, not shareholders' - a BSA collaboration with ITN Productions

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.

  • Date: 22 January 2019
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Building societies come out on top once again

Independent research from Savings Champion reveals that building societies have outperformed banks in key areas throughout 2018.

  • Date: 15 January 2019
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BSA comments on CMA decision on CAB super-complaint

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.

  • Date: 19 December 2018
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Brexit slashes confidence in housing market

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

  • Consumer confidence in the housing market has fallen considerably because of Brexit uncertainty - more than half of the population (53%) see Brexit as the biggest single risk to the market in 2019
  • Just 19% agree that ‘now is a good time to buy a property’ – down from almost a quarter (24%) in September. A third (33%) of the population disagree that “now is a good time to buy”.

  • Date: 18 December 2018
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BSA comments on FCA findings on long-term mortgage arrears

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.

  • Date: 06 December 2018
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Q3 figures: Building societies take mortgage market share

Lending & savings figures for the three months to September 2018.

  • Date: 26 November 2018
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First-time buyers - is the 'Bank of Mum and Dad' the only answer?

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.

  • Date: 12 November 2018
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