Brexit Statement

The UK is due to leave the European Union

Ongoing political uncertainty means there is a lack of clarity around the terms on which the UK will leave. We will continue to monitor the situation to ensure that we are prepared for all Brexit scenarios and to keep any impact on our customers to a minimum.

At the moment we don’t expect to make any changes to the way your products work, how we service them or how we contact you. If that should change, we will contact you first to explain.

We will update this webpage with any developments on the Brexit process, and how these may affect you.

More information...

For further information about how Brexit will affect you, take a look at our FAQs below and our Useful Brexit Links.

Is my money safe?

Yes, your money is protected by the Financial Services Compensation Scheme and this protection will still apply following Brexit. For further details, see: https://www.fscs.org.uk/.

Will there be any changes to my mortgage and/or saving account(s)?

Currently, we don’t anticipate making any changes to the way our products work or how we service them.

I am an EU citizen living in the UK, will there be any changes to my account?

Currently, we don’t anticipate making any changes to the way your account is serviced. However, our products are only available to individuals resident in the UK for tax purposes or Crown employees serving overseas and their spouses.

I am a UK citizen living in the EU, will there be any changes to my account?

We are continuing to monitor regulators across the EU Member States to identify whether any changes will need to be made to how we service your account. Currently, we are not aware of any changes that could impact on how we service your account.  However, our products are only available to individuals resident in the UK for tax purposes or Crown employees serving overseas and their spouses.

Will there be any changes to how you contact me?

Currently, we don’t anticipate making any changes to the way we contact you subject to any changes being imposed by the relevant EU regulators where you reside.

Will you keep me informed of any changes?

We will contact you if we need to make any changes to our products or how we service them. Any updates will also be posted on this webpage.

What if Brexit affects my ability to make my mortgage repayments?

We may be able to help you find a way to manage your difficulty in making repayments, but we would need to understand your financial circumstances. Please contact us as soon as possible on 0330 333 4020. Our opening hours are 9am – 5pm on Monday, Tuesday, Thursday and Friday, and 9.30am – 5pm on Wednesday.

Is Principality Building Society ready for Brexit?

Despite the uncertainty surrounding Brexit, we’re confident that we can deal with any negative consequences that it may have for us and the UK economy. Our preparations have been driven by the need to continue to act in the best interests of our Members. We’ve considered a range of different scenarios and our strong financial performance means that we are well-placed to weather any sudden economic changes.

However, we are not complacent and we will continue to monitor political and economic developments to ensure that we are doing all we can to prepare for Brexit in whatever form it takes.

  • 6ed cymdeithas adeiladu fwyaf y DU
  • Cymdeithas adeiladu gydfuddiannol, sy’n eiddo i’n 500,000 o aelodau ac yn cael ei rhedeg er eu lles
  • Dros 150 mlynedd o brofiad
  • Gofalu am werth dros £10 biliwn o asedau ein cwsmeriaid
  • Gall Aelodau fynd at dudalen Gworau Aelodau sy’n cynnwys cystadlaethau, gostyngiadau a mwy.

We are covered by the FSCS


Find out more about what it means for you.

Principality. Lle mae cartref yn bwysig.