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Provision of affordable mortgages - by allowing members and customers to own their own homes through low-priced mortgages, building societies contribute to national development.

Improving wealth - By affording members the opportunity to save and invest helps to enhance their wealth.

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Carlo Kiehn

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βˆ™ 3y ago
Are you sure about that
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Grace Brekke

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βˆ™ 3y ago
good answer thxx
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Wiki User

βˆ™ 10y ago

A building society is financial institution that is own by its members. The building society provides a variety of functions including banking and lending, including mortgage lending.

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