Scottish Building Society

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 of 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

The Scottish Building Society has today announced an emergency support package for customers in financial difficulty due to COVID-19, including a pledge that no-one will be at risk of losing their home over the next 12 months. As well as banning repossessions, the society is extending the current th

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

Scotland’s £18 billion housing market will experience two waves of bounceback when the country emerges from lockdown, Scottish Building Society chief executive Paul Denton has forecast. Mr Denton said the sector has been hit by government stay-at-home measures for agents, surveyors

House prices in Scotland are growing faster than the rest of the UK, however, Scottish Building Society chief Paul Denton has warned that demand outstrips supply.  House prices in Scotland are growing faster than the rest of the UK with the average property £154,798 – an increa

A new national pilot scheme which aims to help thousands of first-time buyers with the deposit for a new home has opened for applications.

The UK House Price Index released today by the Office for National Statistics (ONS) has revealed that Scotland’s house prices are rising faster than in England.