Latest figures from the Building Societies Association (BSA) has shown that in the six months to September 2025, building societies and the two mutual-owned banks increased their mortgage balances by £7.5 billion, to £493 billion and grew cash savings balances by £8.8 billion, to £496 billion. Building societies and mutual-owned banks hold 29% of the…
Read moreThe Building Societies Act 1986 (Amendment Bill) has been completed in Parliament. This new Act of Parliament was introduced by Julie Elliott MP (Lab, Sunderland Central) to help to put building societies on a level playing field with their banking competitors, enabling them to support more lending to first-time buyers and homeowners in the future.…
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