Building societies, unlike banks are not listed on the stock market and thus, don't have external shareholders. Instead, the "owners" and decision makers of building societies are mortgage borrowers, savers and current account holders. Building societies offer many traditional banking products and financial services such as mortgage lending, savings and current accounts. Nationwide is the largest building society in the United Kingdom (UK) with group assets worth approximately 272 billion British pounds in 2023. In 2022, Nationwide also ranked as the third-largest mortgage lender in the country, with 12 percent of the gross mortgage lending.
Leading building societies in the United Kingdom (UK) in 2023, by total group assets
(in million GBP)
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Building Societies Association. (December 1, 2023). Leading building societies in the United Kingdom (UK) in 2023, by total group assets (in million GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/
Building Societies Association. "Leading building societies in the United Kingdom (UK) in 2023, by total group assets (in million GBP)." Chart. December 1, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/
Building Societies Association. (2023). Leading building societies in the United Kingdom (UK) in 2023, by total group assets (in million GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/
Building Societies Association. "Leading Building Societies in The United Kingdom (Uk) in 2023, by Total Group Assets (in Million Gbp)." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/
Building Societies Association, Leading building societies in the United Kingdom (UK) in 2023, by total group assets (in million GBP) Statista, https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/ (last visited December 22, 2024)
Leading building societies in the United Kingdom (UK) in 2023, by total group assets (in million GBP) [Graph], Building Societies Association, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/453196/building-society-ranking-group-assets-united-kingdom/