Nationwide building society
Nationwide was established in 1846 and is headquartered in Swindon in Wiltshire from where it offers its mortgage, savings and other personal finance products. In May 2013, it announced plans to bring its merger partners Derbyshire, Cheshire and Dunfermline Building Societies under the Nationwide brand.
In 2011, Nationwide was the fourth largest mortgage lender in the UK after providing £17.1bn of borrowing, matching Barclays' lending for the year.
Homeowners are starting to feel the effects of tougher lending rules put in place to protect borrowers from taking on large debts which may become unaffordable in the future.
The new-build mortgage market is a heavily divided one. Adam Williams speaks to two brokers to find out whether you really do need a special something to do business in the sector.
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Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week.
The Mortgage Works (TMW) has announced plans to offer a six month rent guarantee period to new buy-to-let customers.
Nationwide has increased its stressed rate for all affordability calculations to 6.99% and imposed an income multiple cap of 4.75 times gross income for all employed applications from today.
Mortgage Solutions rounds up the best snaps from the British Mortgage Awards 2014.
Major mortgage lenders have published figures for UK residential and buy-to-let lending broken down into 120 post code areas for the first time.
The British Mortgage Awards 2014 took place in central London last night and Mortgage Solutions can round up all the winners from the evening.
House prices in London have risen by more than a quarter in the last year, with some now describing the capital’s property market as ‘unsustainable’.
Mansfield Building Society has increased the level of procuration fee it pays to brokers in a move it said demonstrates its commitment to the intermediary market.
Central bankers are to confirm later today whether they will act on growing concerns about the housing market.
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