Building Societies have evolved from societies of people seeking to build their own homes into specialist savings banks concentrated on mortgage lending. The building society industry has changed significantly since the first were founded in the 18th century. Join Sir Mark Boleat, former Director General of the Building Societies Association, as he discusses the constantly changing nature of the industry.
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3 videos • 31 minutes
Building societies have evolved into specialist savings banks which concentrate on mortgage lending. In the first video of the series on building societies, Sir Mark Boleat explains the evolution of these financial institutions in order to understand their place in the British system today.
Sir Mark Boleat • 09:39