Results for tag: "Building Societies"

Building Societies are financial institutions that provide banking services to their members. They are mutual organisations, owned by their members, and are typically focused on providing savings and mortgage products. Building Societies are distinct from banks in that they are not listed on the stock exchange and are not owned by shareholders. They are also subject to different regulations than banks, and are typically more focused on local communities. Building Societies have been a part of the UK banking landscape for centuries, and have traditionally been the main provider of mortgages in the UK. They have also been a major provider of savings products, offering competitive rates and a range of accounts. Some of the major Building Societies in the UK include Nationwide, Yorkshire Building Society, Coventry Building Society, Principality Building Society, and Skipton Building Society. Show Less Read more