Ipswich Building Society supports foodbank collection
Ipswich Building Society is currently supporting food donation banks across its nine different branches to help support those beneath the poverty line.
Apr - Jun 2014The BSA's June Property Tracker - comment from Paul Winter
"The much talked about house price frenzy we've seen in certain parts of the country is cooling, a sign that would-be buyers are being held back by some of the structural problems in the sector...
Apr - Jun 2014Ipswich Building Society recognised as leading Responsible Business
Ipswich Building Society is celebrating after being shortlisted for Business in the Community's Responsible Business Awards in Santander's 'Responsible Small Business of the Year' category.
Apr - Jun 2014The Bank of England's new powers to cap mortgages - comment from Paul Winter
"These new powers need to be used proportionately and carefully. State interference in the mortgage market can have significant and unforeseeable consequences.
Apr - Jun 2014Paul Winter comments on increasing house prices
Paul Winter comments, “I welcome Mark Carney’s warning over the weekend that house prices pose a serious risk to the economic recovery both in the short and longer term. Since our AGM in March I’ve been warning that Help-to-Buy risks artificially inflating house prices and creating a housing bubble in London and the South East. Government urgently needs to address supply, accept the private sector will never fully meet demand and get moving with a nationwide house building programme.”
“Mortgage supply is continually used by Government as a fiscal tool to trigger growth, not only is this a short term fix but it causes longer term damage to our economy. Mark Carney’s scrutiny of high loan-to-value mortgages is symptomatic of that, let’s not write off high loan-to-value mortgages where applicants have passed stringent affordability checks, but instead focus on the actual cause of the problem, a lack of housing supply.”
Ipswich, Monday 19 May