Scottish Building Society

The Scottish Building Society, the world’s oldest remaining building society, has posted record results for the financial year ended 31 January 2022. Established in 1848, the mutual has seen its balance sheet grow by nearly 40% in the last two years, leading to a pre-tax profit of £2.4 m

Paul Denton, CEO at Scottish Building Society, discusses the impact of the rising cost of living on the ability to save. The cost-of-living crisis is impossible to ignore. At the start of the year, inflation reached its highest recorded level since 1992 and the affordability of goods and services ha

The Scottish Building Society, the world’s oldest building society, has been announced as Edinburgh Rugby’s main club partner in a deal that will last for the next four seasons. The partnership is the biggest agreement of its kind in the history of both organisations and follow

The Scottish Building Society (SBS) has embarked on a partnership with European climate change analysts Ambiental to assess flood risks in more than £400 million of mortgages. The modelling work draws on Ambiental’s predictive analytics, machine learning and expertise to foreca

Scottish Building Society (SBS) has announced the opening of a £500,000 branch in Aberdeen to support existing customers and drive new business in the North East. The world’s oldest building society has completed the refit of a three-storey office block on the corner of Union Street and

The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.

Paul Denton, the head Scottish Building Society (SBS) has welcomed a dramatic rise in house prices - but warned the impact of COVID-19 could prove a barrier to a generation of buyers getting on to the housing ladder. Yesterday's House Price Index released by the Land Registry and the Office for Nati

Leading Scottish financial services executive Neil Easson has joined the board of the Scottish Building Society. Mr Easson has more than 20 years’ experience in the sector, having held a range of senior positions at Lloyd’s Banking Group.

The Scottish Building Society (SBS) has pledged that none of its customers will be at risk of losing their home over the next 12 months as it announced an emergency support package for customers in financial difficulty due to COVID-19. As well as banning repossessions, the society is extending the c

The Scottish housing market could recover quicker from coronavirus than the last financial crash if the government freezes sales taxes to help home buyers, according to Paul Denton, CEO of Scottish Building Society. He said support measures such a Land and Buildings Transaction Tax holiday could acc

Scottish Building Society chief executive Paul Denton has forecast that Scotland’s £18 billion housing market will experience two waves of bounce-back when the country emerges from lockdown. Mr Denton expects that the market will return to pre-COVID-19 levels. 

Scottish Building Society (SBS) has partnered with Alzheimer Scotland’s free 24-hour hotline to help those living with dementia and their families. Staff at SBS, the world’s oldest building society, are supporting the charity’s volunteers by providing specialist advice on questions

Stephen Brown has been appointed as the new head of intermediaries at the Scottish Building Society. Mr Brown was a pioneer as one of the UK’s first internet mortgage brokers. In the early 2000’s he moved on to become senior technical manager for moneyQuest who were at the time, Scotland

Scottish Building Society (SBS) has been celebrating after scooping Building Society of the Year award at the annual Mortgage Introducer Scottish Mortgage Awards last week. The awards dinner took place at Prestonfield House in Edinburgh, where the brightest and best of the Scottish property finance

It is "too early" to say if there has been a so-called Boris bounce or Brexit bounce in house prices, Scottish Building Society (SBS) has said. The average price of a house in Scotland increased 2.2 per cent to £151,603, according to the government’s UK House Price Index.