Bath Building Society Temporarily Caps Mortgages at 70% LTV

The Society has announced that all fixed rate and variable mortgages above 70% loan-to-value (LTV) have been temporarily withdrawn from sale. A restricted range of the Society’s niche mortgage products including Buy To Let, Buy For University, Houses of Multiple Occupancy (HMO), Ex Pat Buy To Let as well as Standard Residential mortgages remain available with an LTV of 70%. The popular Retirem…

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Bath Building Society Announces Strong Financial Results - 2019

Bath Building Society has announced its financial results for 2019. After another successful year, it expanded its new lending to £43.3m which helped grow its mortgage book to £247.7m (2018: 245.7m). Overall, the Society’s total assets rose to £331.9m, an increase of 2.4% on the previous year. Profit on ordinary activities before tax was £2.7m (2018: £3.2m) which delivered a 6% increase in …

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Bank of England Base Rate Change

On Thursday, 19th March, the Bank of England announced a further change to its base rate.  In response we are planning to reduce our mortgage and savings rates as from 1st May 2020. Standard variable rate (SVR) will reduce from 5.44% to 4.9%. Full details will be available on the website before 1st May.

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Coronavirus: An update from our CEO, Kevin Gray

Latest update 25th March 2020. The impact of coronavirus is being felt all over the UK and we hope you, your friends and family, remain safe and well. Please be assured we are here for you. The entire Bath Building Society team are working hard to support your financial needs and our customer service teams are available as normal. Coronavirus is having a huge impact on people's ability t…

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Working with Citizens Advice to support the Mind Over Money campaign in Bath

We are delighted to have joined the Top 52 Club, a group of local businesses dedicated to supporting Citizens Advice in our community. As part of our partnership we are supporting the Mind Over Money campaign, to raise money for Citizens Advice to employ a debt specialist to help local people with financial issues. Every year, over 100,000 people attempt to take their own lives due to debt. It…

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