The Times - The building societies you can bank on

Aaron Strutt Image

If you would rather deal with a building society than a bank, join the club. Mutual organisations, owned by the members who save or borrow with them, are taking an increasing share of the mortgage market.

Aaron Strutt of Trinity Financial told The Times: “They are giving banks real competition at the moment.”

The 50 building societies lent £68.9 billion to homebuyers last year, giving them almost a third of the market share.

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