-
AshfieldAshfield is a company based in Rookley, England that specializes in providing financial services, particularly for building societies. They are committed to helping their clients achieve their financial goals through personalized and innovative solutions.See more
-
10:30 AM - 16:30 PMRomsey Abbey+44 1794 513125Romsey Abbey is a religious destination located in Rookley, England. It offers a variety of services and activities for visitors, including choir performances, community gardens, and historical landmarks. The Abbey welcomes people of all denominations and hosts a range of churches, from Anglican to Pentecostal. In addition to its religious offerings, Romsey Abbey also has partnerships with various art organizations and financial services. It is a popular tourist attraction and a hub for youth organizations and community events.See more
-
Building Societies
in Canada Common with savings account
(1)
-
Building Societies
in Canada Common with atm
(1)
-
Building Societies
in Canada Common with financial planning
(1)
-
Building Societies
in Canada Common with loan
(1)
-
Building Societies
in Canada Common with investment
(1)
-
Building Societies
in Canada Common with advice
(1)
-
Building Societies
in Canada Common with wealth management
(1)
-
Building Societies
in Canada Common with credit card
(1)
-
Building Societies
in Canada Common with debit card
(1)
-
Building Societies
in Canada Common with online banking
(1)
-
Building Societies
in Canada Common with insurance
(1)
Definition of Building Societies
Building Societies are financial institutions that are owned by their members and offer savings and mortgage products. They are also known as mutual organisations, as they are not listed on the stock market and are not owned by shareholders. The primary aim of Building Societies is to provide affordable mortgages to their members, along with other savings and investment products.
History of Building Societies in the UK
Building Societies have a long history in the UK, dating back to the late 18th century. The first Building Society was established in Birmingham in 1775. In the 19th century, Building Societies grew rapidly and became an important source of funding for the construction of houses. Today, there are over 40 Building Societies in the UK, with assets worth over £400 billion.
How Building Societies differ from Banks
Building Societies differ from banks in several ways. Firstly, they are owned by their members, whereas banks are owned by shareholders. This means that Building Societies are not part of the stock market and are not focused on generating profits for shareholders. Secondly, Building Societies have a narrower range of products, focusing primarily on mortgage and savings products. Finally, Building Societies often have better rates on savings accounts and mortgages than banks, as they are not focused on generating profits for shareholders.
Products and Services offered by Building Societies
Building Societies offer a range of products and services, including mortgages, savings accounts, current accounts, and insurance products. They also offer financial planning services, including retirement planning and investment advice. Building Societies are particularly known for their mortgage products, which are often designed to be more affordable and flexible than those offered by banks.
Benefits of banking with Building Societies
Banking with Building Societies has several benefits. Firstly, as they are owned by their members, there is a focus on customer service and meeting the needs of members. Secondly, Building Societies often offer better rates on savings accounts and mortgages than banks, which can result in significant savings. Finally, Building Societies are often more flexible in their approach, which can be particularly beneficial for those with complex financial needs.
Risks associated with Building Societies
Like all financial institutions, there are risks associated with banking with Building Societies. One risk is the potential for the Building Society to go out of business or be merged with another institution, which could affect the terms of any savings or mortgage products. Another risk is the potential for interest rates to change, which could affect the value of savings or mortgage payments.
Regulations governing Building Societies
Building Societies are regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). These organisations ensure that Building Societies are operating in a safe and fair manner, and protect customers in the event of the Building Society encountering financial difficulties.
Comparison of Building Societies with other Financial Services providers
Compared to banks, Building Societies often offer better rates on savings accounts and mortgages, and have a greater focus on customer service. However, they have a narrower range of products and may not offer some of the more specialist financial services that banks do. Compared to other mutuals, Building Societies may offer more competitive rates, but may not have the same level of history and reputation.
How to choose the right Building Society for your needs
When choosing a Building Society, it is important to consider factors such as interest rates, fees, and customer service. It is also important to consider the range of products and services on offer, and whether they meet your financial needs. Finally, it is important to consider the reputation and history of the Building Society, and whether it is likely to be a safe and stable place to save or borrow from.
Future outlook for Building Societies in the UK market
The future outlook for Building Societies in the UK market is positive, as customers are increasingly looking for more ethical and customer-focused alternatives to traditional banks. Building Societies are well-positioned to take advantage of this trend, and are likely to continue to grow and innovate in the coming years.

Pick a keyword

Select location

Select category

View results!!!
-
Building Societies
in Test Valley District
(8)
-
Building Societies
in Southampton
(6)
-
Building Societies
in Denny Lodge
(5)
-
Building Societies
in Totton
(4)
-
Building Societies
in Portswood
(4)
-
Building Societies
in Northam
(3)
-
Building Societies
in Canada
(2)
-
Building Societies
in East Wellow
(2)
-
Building Societies
in Romsey Extra
(2)
-
Building Societies
in Crampmoor
(2)
-
Building Societies
in Bassett
(2)
-
Building Societies
in Brambridge
(2)
-
Building Societies
in Fisher's Pond
(2)
-
Building Societies
in Crowdhill
(2)
-
Building Societies
in Stanmore
(2)
-
Building Societies
in Hensting
(2)
-
Building Societies
in Fair Oak and Horton Heath
(2)
-
Building Societies
in Weeke
(2)
-
Building Societies
in New Forest
(17)
-
Building Societies
in Eastleigh District
(10)
-
Building Societies
in Plaitford
(1)
-
Building Societies
in Romsey
(1)
-
Building Societies
in Nursling and Rownhams
(1)
-
Building Societies
in Abbotswood
(1)
-
Building Societies
in Rownhams
(1)
-
Building Societies
in Broadgate
(1)
-
Building Societies
in Dibden
(1)
-
Building Societies
in Swaythling
(1)
-
Building Societies
in North Stoneham
(1)
-
Building Societies
in Hursley
(1)
-
Building Societies
in Hythe and Dibden
(1)
-
Building Societies
in South Stoneham
(1)
-
Building Societies
in Woolston
(1)
-
Building Societies
in Itchen
(1)
-
Building Societies
in Bitterne
(1)
-
Building Societies
in Dibden Purlieu
(1)
-
Building Societies
in Hythe
(1)
-
Building Societies
in Furzey Lodge
(1)
-
Building Societies
in Bishopstoke
(1)
-
Building Societies
in West End
(1)
-
Building Societies
in Compton
(1)
-
Building Societies
in Pitt
(1)
-
Building Societies
in Daggons
(1)
-
Building Societies
in Butlocks Heath
(1)
-
Building Societies
in Fair Oak
(1)
-
Building Societies
in Hedge End
(1)
-
Building Societies
in Cripplestyle
(1)
-
Building Societies
in Hamble-le-Rice
(1)
-
Building Societies
in Botley
(1)
-
Building Societies
in Ashley Heath
(1)
-
Chartered Accountants
in Canada Common
(9)
-
Financial Advising Services
in Canada Common
(7)
-
Tax Preparation Services
in Canada Common
(7)
-
Certified Public Accountants
in Canada Common
(6)
-
Investment Banks
in Canada Common
(6)
-
Accountants
in Canada Common
(5)
-
Appraisal Services
in Canada Common
(5)
-
Appraisers
in Canada Common
(5)
-
Auto Tag Agencies
in Canada Common
(5)
-
Conveyancers
in Canada Common
(5)
-
Financial Planners
in Canada Common
(5)
-
Tax Attorneys
in Canada Common
(5)
-
Mortgage Brokers
in Canada Common
(4)
-
Trust Banks
in Canada Common
(4)
-
Bookkeeping Services
in Canada Common
(3)
-
Commissioners For Oaths
in Canada Common
(3)
-
Insolvency Services
in Canada Common
(3)
-
Office Equipment Rental Services
in Canada Common
(3)
-
Venture Capital Companies
in Canada Common
(3)
-
Banks
in Canada Common
(2)
-
Commercial Agents
in Canada Common
(2)
-
Credit Counseling Services
in Canada Common
(2)
-
Currency Exchanges
in Canada Common
(2)
-
Debt Collectings
in Canada Common
(2)
-
Financial Advisors
in Canada Common
(2)
-
Leasing Services
in Canada Common
(2)
-
Pension Offices
in Canada Common
(2)
-
Real Estate Attorneys
in Canada Common
(2)
-
Savings Banks
in Canada Common
(2)
-
Chartered Surveyors
in Canada Common
(11)
-
Accounting Firms
in Canada Common
(1)
-
Atms
in Canada Common
(1)
-
Car Finance & Loan Companies
in Canada Common
(1)
-
Customs Brokers
in Canada Common
(1)
-
Debt Collection Agencies
in Canada Common
(1)
-
Financial Audits
in Canada Common
(1)
-
Financial Consultants
in Canada Common
(1)
-
Investment Companies
in Canada Common
(1)
-
Lottery Retailers
in Canada Common
(1)
-
Lottery Shops
in Canada Common
(1)
-
Loan Agencies
in Canada Common
(1)
-
Money Transfer Services
in Canada Common
(1)
-
Notary Services
in Canada Common
(1)
-
Payroll Services
in Canada Common
(1)
-
Passport Photo Processors
in Canada Common
(1)
-
Public Sector Banks
in Canada Common
(1)
-
Property Investments
in Canada Common
(1)
-
Tax Consultants
in Canada Common
(1)