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by the following authors: 'Hilary McVitty'

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First cohort of BSA/ Loughborough MSc programme graduate

Blog,
Contact:
hilary mcvitty,
Last updated:

Monday 17 December was a day of massive pride and celebration as the first cohort of students on the BSA/Loughborough University MSc programme graduated after three years of study.  Donning gown, cape and mortar board our graduands joined a couple of hundred others to recei...

How does the building society customer experience really stack up?

Blog,
Contact:
hilary mcvitty,
Last updated:
27 February 2019

A blog post from Michael Fotis, the founder of Smart Money People:  Today we’ve released a report that looks at whether there are any differences in the customer experience offered by building societies and banks, across both savings and mortgages. The report,entitled Buil...

Keep Me Posted: an important campaign for members

Blog,
Contact:
hilary mcvitty,
Last updated:
02 June 2020

Originally published in BSA Society Matters magazine . It seems that just about everything is going digital these days. But what if you don’t want to, or simply can’t? While digitisation is opening up lots of opportunities for service providers and customers alike, ...

Taper the removal of the stamp duty holiday

Blog,
Contact:
hilary mcvitty,
Last updated:
17 December 2020

First published in Mortgage Finance Gazette By Robin Fieth, BSA Chief Executive Many people in the housing industry, including the BSA, are concerned about housing transactions not completing by the end of the stamp duty holiday on 31 March 2021. The BSA has been talk...

The Women in Finance Charter, launched and run by HM Treasury, has now been up and running since March 2016.  From that standing start it now has over 400 signatories – including 18 BSA members and the BSA itself, the newest 28 signatories to be added include two BSA members ...

Approach to regulation risks creating new points of market failure

Press release,
Contact:
hilary mcvitty,
Last updated:
19 May 2015

Approach to regulation risks creating new points of market failure Opening the BSA Conference in Harrogate today (20 May), Chief Executive, Robin Fieth called on the new Government to take early active steps to encourage and support a properly functioning financial service...

Around half of young borrowers will need a mortgage lasting into retirement

Press release,
Contact:
hilary mcvitty,
Last updated:
16 June 2015

Around half of 25-34 year olds say they may need a mortgage that lasts into retirement, a BSA survey has revealed.   Over a quarter (27%) of people in this age group also think they may struggle getting a mortgage into retirement because their credit history, income lev...

Barriers to home ownership fall as housing market sentiment improves

Press release,
Contact:
hilary mcvitty,
Last updated:
09 December 2015

UK consumers have reported that all the major barriers to property purchase have fallen, the BSA’s final Property Tracker of 2015 reveals. Raising a deposit - the single biggest barrier since 2010 - is now at its lowest level for six years. However, it still presents a bar...

Brexit must be a catalyst for beneficial change for consumers

Press release,
Contact:
hilary mcvitty,
Last updated:
17 November 2016

Speaking at the BSA’s Annual lunch, BSA Chairman, Dick Jenkins, outlined his views on Brexit and launched a new BSA housing report which recommends ten actions aimed at bringing new housebuilding technologies into the mainstream to help address the housing crisis. On Brexit...

BSA Budget submission

Press release,
Contact:
hilary mcvitty,
Last updated:
09 March 2015

In advance of the last Budget of this Parliament on 18 March, the BSA has written to the Chancellor of the Exchequer asking for urgent and concerted action to help home buyers - particularly younger buyers.    We have suggested that there is an opportunity for the money tha...

BSA comment on the Budget

Press release,
Contact:
hilary mcvitty,
Last updated:
17 March 2016

There is much to be welcomed in the Chancellor’s budget, in particular the new Lifetime ISA. We will, as always after a Budget, now work with officials on all the details. Savings: We are very interested in the Lifetime ISA which provides substantial Government contrib...

BSA comment on the Gadhia Review

Press release,
Contact:
hilary mcvitty,
Last updated:
22 March 2016

The BSA welcomes the focus on gender diversity that will come from the Gadhia Review.  Hilary McVitty, Head of External Affairs at the BSA commented:  “The BSA and representatives from amongst its members participated in the review.  Growing and recruiting talent is a fo...

BSA comments on appointment of new FCA Chief Executive

Press release,
Contact:
hilary mcvitty,
Last updated:
26 January 2016

Commenting on Andrew Bailey's appointment, Robin Fieth Chief Executive of the BSA said:   “The FCA has a crucial regulatory role and it is encouraging to see the appointment of someone as respected and experienced as Andrew Bailey as permanent Chief Executive. We look forw...

BSA comments on the appointment of the new Prime Minister

Press release,
Contact:
hilary mcvitty,
Last updated:
14 July 2016

Robin Fieth BSA Chief Executive comments on the positive effect of the appointment of the new Prime Minister after the EU Referendum result . Commenting on Theresa May becoming Prime Minister, he said: “The appointment of Theresa May as Prime Minister and her rapid actio...

BSA comments on EU Commission comments on new remuneration rules under CRD 4

Press release,
Contact:
hilary mcvitty,
Last updated:
04 March 2015

As a sector, building societies don't have a big-bonus culture or reward excessive risk-taking. They are however subject to the same regulatory regime for remuneration as the banks. In some ways this makes sense as sound remuneration policies are of universal benefit. In o...