Skipton Building Society acquires Holmesdale
Holmesdale Building Society has announced that it is merging with Skipton, the UK’s fourth largest building society. Pending approval by its members and confirmation by the Prudential Regulation Authority, the merger is expected to go through in October 2018. Founded in 1855, Holmesdale has one branch in Reigate and employs 26 people. The office will be safeguarded for two years, after which it will be subject to the society’s branch review process.