building societies do not build hou

building societies do not build houses. what they do is help people to buy their own homes.
the earliest recorded building society operated from the Golden Cross Inn in Birmingham in 1775. In those days building societies really did build houses. They were formed by small groups of craftsmen who , realising that if they were to be adequately housed they would have to build their own dwellings , paid into a fund each week part of their wages.
In their spare time they built houses and as each was finished a ballot was held to decide which member of the Society should take possessionof it. Each continued to pay his subscription until all were housed and the Soeciety*s activities then ceased. its objectiveshaving been accomplished. These were called "terminating societies" and as they were fairly quickly superseded by a modified and more permanent kind of organisation.
These "permanent" societies came into being as soon as it was found that people wishing to save or with capital to invest were willing, in return for regular payments of interest, to let the fund so accumulated be made available to those who, by contrast, needed to borrow money to enable them to buy their own homes. The "permanent" type of society has now become the naturl form, but the concept of mutual help is still the basis on which building societies operate.
One of the early "permanent" societies was formed in Halifax, West Yorkshire in 1853 and was known, initially, as the Halifax Permanent Benefit Building and Investment Society. It is better known today as the Halifax Building Society.

Результаты (английский) 1:

building societies do not build houses. what they do is help people to buy their own homes.the earliest recorded building society operated from the Golden Cross Inn in Birmingham in 1775. In those days the building societies really did build houses. They were formed by small groups of craftsmen who, realising that if they were to be housed adequately they would have to build their own dwellings, paid into a fund each week is part of their wages.In their spare time they built houses and as each was finished a ballot was held to decide which member of the Society should take possessionof it. Each continued to pay his subscription until all were housed and the Soeciety * s activities then ceased. its objectiveshaving been accomplished. These were the so-called "terminating societies" and as they were fairly quickly superseded by a modified and more permanent kind of organisation.These "permanent" societies came into being as soon as it was found that people wishing to save or with capital to invest were willing, in return for regular payments of interest, to let the fund so accumulated be made available to those who, by contrast, needed to borrow money to enable them to buy their own homes. The "permanent" type of society has now become the naturl form, but the concept of mutual help is still the basis on which the building societies operate. One of the early "permanent" societies was formed in Halifax, West Yorkshire in 1853 and was known, initially, as the Halifax Permanent Benefit Building and Investment Society. It is better known today as the Halifax Building Society.

Результаты (английский) 2:

building societies do not build houses. is for They do what to help people to the buy Their own homes.
the building EARLIEST recorded occurs from the Society operated the Golden Cross Inn in Birmingham in 1775. Those days with In building Societies really DID the build houses. For They Were Formed by small The groups of craftsmen the who, realising That the if for They Were to the BE adequately housed a for They Would have to the build Their own Dwellings, a paid Into a fund each week part of Their wages.
With In Their spare time for They a built houses and as with each WAS finished a ballot was held to decide which member of the Society should take possessionof it. Each continued to pay his subscription until all were housed and the Soeciety * s activities then ceased. its objectiveshaving been accomplished. For These Were Called "terminating Societies" and as with for They Were Fairly Quickly superseded by by a modified and more permanent kind of Organisation.
For These "permanent" Societies CAME Into being of as with soon's as with IT WAS found! That people Wishing to the save or with Capital to invest Were Willing , in return for regular payments of interest , to let the fund so accumulated be made available to those who, by contrast, needed to borrow money to enable them to buy their own homes. Of The "permanent" of the type of Society has now! Just Become the naturl The form, But the concept of mutual to help is to still the basis on the which building Societies the operate.
The One of the early "permanent" Societies WAS Formed in the Halifax, West Yorkshire in 1853 and was known , initially, as the Halifax Permanent Benefit Building and Investment Society. It is better known today as the Halifax Building Society.

Результаты (английский) 3:

building societies do not build houses. what they do is help people to buy their own homes.the earliest recorded building society operated from the golden cross inn in birmingham in 1775. in those days building societies really could build houses. they were formed by small groups of craftsmen realising who, if they were to be adequately set they would have to build their own dwellings, paid into a fund each week part of their wages.in their spare time they built houses and as each was finished a ballot was held to decide which member of the society should take possessionof it. each had to pay the subscription until all were set and the Soeciety * s activities. ceased. its objectiveshaving been accomplished. these were called "terminating societies" and as they were fairly quickly superseded by a modified and more permanent kind of organisation.these "permanent" societies came into being as soon as it was found that people wishing to save or with capital to invest was willing, in return for regular payments of interest, to let the fund so accumulated be made available to those who, by contrast, needed to borrow money to enable them to buy their own homes. the "permanent" type of society has now become the naturl form, but the concept of mutual help is still the basis on which all societies operate.one of the early "permanent" societies was formed in halifax, west yorkshire in 1853 and was known, initially, as the halifax permanent benefit building and investment society. it is better known today as the halifax building society.