Hendon Building Society was a UK
building society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdo ...
, which was taken over by the
Bradford & Bingley Building Society
Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley.
The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society's mem ...
in 1991.
Hendon Building Society was founded in 1938 as a mutual organization, which means that it was owned by its members rather than by shareholders. The society offered a range of financial products and services, including mortgages, savings accounts, and insurance, to customers in the local area. It has branches in London and the surrounding areas. Bradford & Bingley fell victim to the
financial crisis of 2007–2010 and is now part of
Santander UK, while its mortgage book is owned by
UK Financial Investments Limited.
References
External links
Santander website
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