Building Societies Association

Address

6th Floor, York House 23 Kingsway London WC2B 6UJ

020 7520 5905
kate.creagh@bsa.org.uk
http://www.bsa.org.uk

The Building Societies Association or BSA was originally established in 1869. It is the voice for all 42 UK building societies as well as 7 credit unions. Together these organisations serve almost 26 million customers up and down the length of the UK.

The BSA represents all 42 building societies, as well as 7 larger credit unions.

Building societies serve almost 26 million consumers across the UK and have total assets of over £515 billion. Together with their subsidiaries, they have helped over 3.5 million families and individuals to buy a home with mortgages totalling over £385 billion, representing 24% of total mortgage balances outstanding in the UK.

They are also helping over 23 million people build their financial resilience, holding over £385 billion of retail savings, accounting for 19% of all cash savings in the UK. Building societies account for 40% of all cash ISA balances.

With all of their headquarters outside London, building societies employ more than 51,500

For more information, please visit http://www.bsa.org.uk

Sections

Featured

Partner content

Building societies ready to work with the Government to support first-time buyers, savers and economic growth

9 min Communities

Robin Fieth, Chief Executive of the Building Societies Association shares its thoughts on the Government’s announcements in the recent King’s Speech and discusses where some of the opportunities could lie.

Articles

We now have an unprecedented chance to benefit building societies – let’s seize the opportunity

Partner content

02 Aug 2021 Economy

We now have an unprecedented chance to benefit building societies – let’s seize the opportunity

Newly proposed measures take advantage of the Brexit freedom. It’s time for other decision makers to follow.

Struggling to pay the mortgage? An effective SMI scheme could make the difference

Partner content

02 Jun 2021 Economy

Struggling to pay the mortgage? An effective SMI scheme could make the difference

With COVID-19 causing many people to feel the strain when it comes to paying their mortgage, an improved Support for Mortgage Interest scheme could help those who need it most.

What the pandemic has taught us about financial resilience

Partner content

26 Apr 2021 Economy

What the pandemic has taught us about financial resilience

If the experience of the past 12 months has taught us anything, it's the importance of financial resilience. And no group of organisations understands that better than the nation's network of building societies. We sit down with Mike Regnier, the chair of the Building Societies Association, to hear his thoughts on how the UK can build back better

Unleashing co-operatives and other mutuals is critical to the recovery

Partner content

01 Oct 2020 Communities

Unleashing co-operatives and other mutuals is critical to the recovery

Speaking at the launch of a new report, Shadow Chancellor, Anneliese Dodds, emphasised the critical role of co-operatives and other mutuals in rebuilding business, recovering jobs and retraining workers.

How are building societies responding to Covid-19

Partner content

22 Apr 2020 Coronavirus

How are building societies responding to Covid-19

Building societies and credit unions are working hard to serve their members at this time and to keep everyone safe.

After Grenfell, cladding isn’t an issue that any single sector can solve alone

Partner content

17 Dec 2019 Economy

After Grenfell, cladding isn’t an issue that any single sector can solve alone

Working together with UK Finance and the Royal Institution of Chartered Surveyors, the Building Societies Association (BSA) has led a series of discussions to find a way forward on cladding, in the wake of the horrendous fire at Grenfell Tower.

Once essential needs are met, people on lower incomes are just as likely to be active savers – BSA

Partner content

23 Sep 2019 Economy

Once essential needs are met, people on lower incomes are just as likely to be active savers – BSA

A new report by Toynbee Hall, supported by the Building Societies Association has found that once essential needs are met, people on lower incomes are just as likely to be active savers as those who earn higher amounts.

Building societies call for Government to protect mortgage prisoners

Partner content

19 Jul 2019 Economy

Building societies call for Government to protect mortgage prisoners

Building societies are helping to tackle the challenges facing mortgage prisoners by helping those with regulated and active lenders to switch product and calling for Government to protect mortgage prisoners with unregulated lenders going forward.