Financial Wellbeing survey

 

Financial Wellbeing survey - thank you for your interest.

 

The survey and prize draw* are now closed. The website will be updated no later than 12 December to confirm the draw has taken place. We will not publish the winner’s name to maintain their anonymity.

A summary of results from our Spring 2024 survey

• 2,234 Members completed the survey.
• In general, our customers are optimistic about their own financial wellbeing as they cite that they are happy at the time of completing the survey
• Members understood the meaning of ‘financial wellbeing’ to be having financial security and feeling comfortable, with the biggest threat to this being an increased cost of living and the political instability within the UK and worldwide
• Most Members feel the best way for the Government could get more people into home ownership would be to either abolish stamp duty for downsizers, develop brownfield sites or provide incentives for conversion of unused office space for residential use
• Most Members believe their borrowing costs will be higher when they remortgage

*Prize draw terms and conditions:

1. The closing date is Thursday 28 November at 5pm.
2. Only one entry per person.
3. No purchase necessary.
4. Prize draws and competitions are only open to UK residents aged 18 years or over.
5. Employees of Family Building Society and their families are ineligible to enter.
6. The prize draw is £250 which can be paid by transfer to your bank account or by cheque.
7. The winner will be drawn randomly using a secure computer-based program under
independent supervision. The judge will oversee the draw and the judge’s decision is final.
8. Our website will be updated to confirm the draw has taken place no later than Thursday 12 December. We will not publish the winner’s name to maintain their anonymity.