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Building Societies Association

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HSBC lifts property market with £500m

29.09.09
HSBC made an extra £500 million available to first-time buyers today ... more

Billions taken out of building societies

29.07.09
Savers withdrew more money from building societies in June than at any other time since records began, leaving mutuals with a £2.2 billion outflow over the month, according to figures published by the Building Societies Association (BSA) ... more

Building societies 'surprised' by downgrade

16.04.09
The trade body representing UK building societies said it was "disappointed and surprised" after a leading ratings agency downgraded nine of its members amid fears of rising bad debts... more

Nationwide in warning over compensation pot

20.03.09
Building society Nationwide has warned its contribution to a compensation pot for savers in failed banks could hit £250 million... more

Bank of England urged to consider savers

04.03.09
The Bank of England has been urged not to reduce interest rates again this week in a bid to protect savers... more

£9.9bn for societies in flight from banks

02.03.09
Economy: More than a million new building society accounts were opened last year as savers continued to shift their money away from banks following the collapse of Northern Rock... more

Mortgage lending plunges 60%

02.03.09
Mortgages: Mortgage lending dived by more than 60% during January to just one 10th of its level 12 months ago, figures showed... more

The pound in your pocket is way off-target

18.02.09
In his final Budget as Chancellor, Gordon Brown said “inflation will be on target” throughout 2008 and 2009... more

Rate cut 'assaults savers'

10.02.09
Savers have been hit by a cataclysmic drop in interest rates since the autumn with returns on some accounts plummeting 90 per cent in three months... more

Rate cut will hit home loan funds say building societies

03.02.09
Building societies warned the Bank of England that another cut in interest rates this week will do more harm than good ... more

Windfalls ruled out as building societies link

22.10.08
Finance: Barnsley Building Society forced into the arms of a bigger rival, but members won't get a windfall payment... more

Property market faces paralysis as mortgage slump goes off the scale

30.06.08
The property market is on the brink of total paralysis with the number of mortgages approved by banks down by almost two thirds... more

Savers pile it up, card debt leaps

30.06.08
A tale of two personal finance consumers emerged today as those who can afford to save banked their cash at the fastest rate in six years while those who cannot are heaping more and more on their credit cards... more

Savers shun stocks in 'worst-ever' year for Isas

03.04.08
The credit crunch claims another victim as investments in stocks-and-shares Isas plunge, says Gideon Spanier.... more

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