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Tuesday 07th of October 2008
June 28, 2008

Nationwide Building Society

Permalink: Nationwide Building Society

The Nationwide Building Society is the UK’s biggest building society, and also the UK’s second largest mortgage lender.

Nationwide operates in Retail and Non-Retail segment. Retail includes mortgages and saving, which includes the provision of residential mortgages; consumer finance, which includes credit cards, secured personal loans and current accounts, insurance products which includes building and contents insurance, car insurance, travel insurance, other general insurance products, life assurance, and investments, savings, and unit trust products for pensions.

These products were previously sold through its subsidiaries, Nationwide Life and Nationwide Unit Trust Managers.

Following the sale of the subsidiaries to Legal & General on 31 January 2008, Nationwide has sold Legal & General insurance and investment products.

Non-Retail includes commercial lending, which includes all costs and income associated with the its lending to the commercial property sector, including registered social landlords, and specialist mortgage lending, includes buy to let and self certified mortgages provided by subsidiaries (UCB Home Loans Corporation Ltd and The Mortgage Works (UK) plc).

Website: Nationwide Building Society

Related Companies:

Lloyds TSB
RBS
HBOS
HSBC


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