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Welcome
The Building Societies Association is the trade association for the UK's building societies.
The Building Societies Association is a trade association, representing mutual lenders and deposit takers in the UK including all 48 UK building societies. Mutual lenders and deposit takers have total assets of over £365 bn and, together with their subsidiaries, hold residential mortgages of almost £235 bn, 19% of the total outstanding in the UK. They hold over £245bn of retail deposits, accounting for 21% of all such deposits in the UK. Mutual deposit takers account for about 36% of cash ISA balances. They employ approximately 50,000 full and part-time staff and operate through approximately 2,000 branches.
The BSA represents its members to those outside the sector on a number of issues such as building society legislation, the regulation of the sector, developments in the savings market, financial inclusion and the promotion of building societies' mutual status.
The BSA also provides information to its members on these, and a wide variety of other subjects and acts as a central point for building societies to communicate with each other.
Press Releases
BSA comments on further quantitative easing
Following the decision of the MPC today to increase quantitative easing further, Adrian Coles, Director-General of the Building Societies Association, said:
BSA: Lending and savings up at mutuals in 2011
Gross lending by building societies and other mutuals in 2011 was £23.6 billion which is up 16% compared to 2010 (£20.4 billion), bucking the trend across much of the rest of the market. Gross lending by mutuals in December was £2.1 billion, up 15% compared to December 2010 (£1.8 billion).
BSA: Mortgage lending by mutuals grows by almost a quarter in November
Gross lending by building societies and other mutuals was £2.5 billion in November, up 24% compared to November 2010 (£2.0 billion), and a new high since the BSA started reporting on the current basis in January 2010. Savings balances held by mutuals increased by £0.5 billion in November, compared to an increase of £0.6 billion in November 2010.
BSA: It is gratifying to have evidence that the coalition commitment to foster diversity and promote mutuality has not been forgotten
BSA responds to statement by the Chancellor on the ICB - 19 December 2011
BSA "pleased the FSA have addressed our concerns" with mortgage regulation proposals
Commenting on the mortgage regulation proposals published today (Monday 19th December) by the FSA, Paul Broadhead, Head of Mortgage Policy at the BSA, said this:
Opinion Formers
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Special event coverage
Festival of Social Sciences: Celebrating the Social Sciences
Evidence-based policy should not be a radical concept. It needs to be celebrated.
Festival of Social Sciences: 2 languages: 2 brains, 2 minds, 2 cultures?
As part of the ESRC Festival of Social Sciences, the Deafness Cognition And Language Research Centre (DCAL) hosted an event exploring the powerful benefits of bilingualism in spoken and sign languages, for hearing and deaf people alike - benefits that reach hearing and deaf people alike.
Opinion Former Events
NHF: Leaders’ Forum and Exhibition 2012
This flagship event is a forum for chief executives and chairs of the housing sector to network with each other and learn from a range of high-profile and inspirational speakers from media, political and housing backgrounds. It takes place in Park Plaza Victoria, London.
TACT: Foetal Alcohol Spectrum Disorder (FASD): how to support affected children
Foetal Alcohol Spectrum Disorder (FASD) is an incurable lifelong condition arising from brain damage caused by maternal alcohol consumption during pregnancy. The effects may include physical, mental, behavioural and learning disabilities. However, if diagnosed, the right strategies can transform the lives of those affected. This new Guardian Social Care Network half-day seminar in association with TACT Fostering and Adoption will explain the condition and show what can be done to help.
bpas: Abortion in the US: Popularity, Politics and Practice
We often hear of the ‘Americanisation’ of abortion politics in the UK, but unpicking the substantive threats to women’s reproductive rights in the US can be a challenge. The 2012 bpas public lecture will explore the current state of abortion politics in the US and, at a time when abortion appears increasingly politicised in the UK, reflect on what lessons can be drawn by those keen to protect women’s reproductive autonomy elsewhere.
Cogent SSC: UK Nuclear Skills Awards - 22nd March 2012
The UK Nuclear Awards is steadily becoming an anticipated annual event in the Nuclear calendar. The National Skills Academy for Nuclear and Cogent Sector Skills Council are preparing to hold their fourth collaborative Skills Awards Evening for the industry.
BSIA: Information Destruction Exhibition and Conference
This one-day event is targeted at professionals operating in the information destruction industry, and aims at keeping delegates updated on recent developments in their sector, providing an opportunity to network with fellow professionals, whilst offering access to an informative exhibition and a comprehensive conference programme.
Take the Gold Challenge for St Dunstan's
We provide lifelong support for blind and visually impaired ex-Service men and women. You can help give more blind heroes an independent future by taking the Gold Challenge
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