Bath Building Society hands out £6,500 in Charity Awards 2016


Eight Charities and Community Groups from the local area are sharing almost £7,000 from Bath Building Society’s Annual Charity Awards scheme.  A further three organisations have received a pair of Bath Building Society hot air balloon tickets which can be used to raise funds. The Awards; now in their tenth year, were established to support as many local initiatives as possible from the growing…

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Another successful year for The Bath Building Society Group


The Bath Building Society Group has announced that it has had another successful year for 2015. The Group’s assets rose by 4.8% to £292.6m, from £279.1m on the previous year.  It showed a 13.7% increase in its reserves from £23.6m to £26.8m year on year, and pre-tax profits increased by 10.3% to £4.1m in 2015 (2014: £3.7m).  The Group’s mortgage book has increased to a record high of £226.9m (201…

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Bath Building Society launches Rent a Room Mortgages


According to ARLA *, a first time buyer will spend £64,000 on rent before buying a home. Our Rent a Room Mortgages could change all that! It allows an individual applicant to borrow more by renting out a room and using the rent towards the mortgage payment. What if you find your ideal home, but your income isn’t quite enough to get the mortgage you need? Well, if the property has a spare bedro…

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The Society apoints a new Non-Executive Director


Bath Building Society has recently added a new Non-Executive Director to its Board and three of its Committees. David Smith was appointed to the Board as a Non-Executive Director in January 2016.  He is Chair of the Audit Committee and also sits on the Risk and Nomination Committees. David was a financial services partner with KPMG in London from 1995 to 2006 having joined the firm in 1983.…

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Building Societies pledge support for Armed Forces Personnel


Bath Building Society has pledged to implement a mortgage policy that allows Armed Forces personnel who are posted overseas to rent out their homes without facing higher mortgage interest rates or a requirement to change their mortgage. This announcement follows an annual roundtable at No.10 Downing where Philip Dunne, Minister for Defence Procurement, challenged financial institutions to supp…

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