New Finance Director at The Society


Bath Building Society can announce that Tom Leach has been appointed Finance Director Designate.  Tom joined the team in February 2018 as an Executive Director and is due to take over the responsibilities of Finance Director from Kevin Gray on 26th April 2018 with responsibility for the Society’s accounting, liquidity management and treasury functions, together with IT. Kevin Gray…

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Mortgage Lending at a high


Bath Building Society has announced that it has had another successful year for 2017. The Society’s profit on ordinary activities before tax was £4.2m (2016: £3.4m).  The mortgage book has increased to a record high of £242.5m (2016: 231.2m) with gross mortgage lending at £47.6m (2015: £43.6m). The Society’s assets rose by 4.4% to £311.7, from £298.9m on the previous year and it showed an 11.9…

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The Society launches Retirement Mortgages


Our Retirement Mortgages are aimed to meet the needs of older borrowers who are either looking to release equity or move home.  The Mortgage will be repaid from the sale of the home when the customer (or, for joint mortgages, each customer) dies or moves into sheltered accommodation or residential care, or to live with a family member in another property. During the term of the mortgage the borro…

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The Brilliant Bath Rotary have been at it again!


The annual Fireworks Display in Bath was a great event as always and very well organised (voluntarily) by the members of The Rotary Club of Bath.  They aren’t very good about shouting about how great they are so we thought we’d do it for them! The event ran a profit of £19,000 this year and the funds will be going to the following organisations: Focus Counselling The Trauma Recovery Ce…

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The Society sells Bath Property Letting


The City might be famous for its Romans Baths, but it will soon be welcoming some more Romans to the town as we announce that we have sold our subsidiary business Bath Property Letting to The Romans Group, a diverse and multi-award winning, independent property services company. Dick Jenkins, Chief Executive of Bath Building Society, said: “We undertook a strategic review of our business an…

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