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.
Nationwide’s chief executive Graham Beale is to retire after nine years of service as the lender reports profits surged to £1bn last year.
Mortgage industry heavyweights have teamed together for a charity skydive jump to raise money for the Openwork Foundation.
Nationwide is swapping its current £500 product fee on selected deals for £500 cashback on all first-time buyer mortgages.
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Northern Irish housing and mortgage markets would benefit from closer co-operation between lenders and firms which provide arrears, attendees at the CML conference in Belfast were told.
Nationwide has announced it will no longer offer new mortgage lending to individuals with income paid in a foreign currency from Wednesday 8 April.
Property prices in the UK have continued to rise, but at a much slower pace than previously at 0.1%.
The Mortgage Works (TMW) is to apply a reducing scale of early repayment charges (ERCs) to all new buy-to-let mortgages, where customers redeem their loan before the end of the deal period.
Nationwide is to introduce the lowest 10-year fixed rate mortgage on the market, starting from 2.89% for new customers and 2.79% for existing customers.
House price growth fell to 5.7% in February following a slowdown in activity, research has shown.
More than two-thirds (71%) of buyers in England and Wales will benefit from changes to the Stamp Duty Land Tax (SDLT) announced in the Autumn Statement, according to Nationwide.
Nationwide's market share of gross lending dropped from 15 to 13% after its gross lending fell from £21.6bn to £20.4bn year-on-year in the last nine months of 2014.
Henry Jordan, who was previously managing director of Nationwide's buy-to-let arm The Mortgage Works (TMW), has been appointed as the society's new head of mortgages.
Nationwide has promoted corporate account manager Jeremy Cook to the position of new build senior manager, effective from 1 April.
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