Nationwide mortgage lending up 15% | Business | The Guardian

Nationwide mortgage lending up 15% | Business | The Guardian

Nationwide has claimed it is responsible for almost one in five of all new mortgages to first-time buyers, showing that it had "more than played our part" in supporting the UK's economic recovery.
Britain's biggest building society also indicated it may be interested in bidding for 316 Royal Bank of Scotland branches as part of its plans to start lending to small and medium-sized enterprises (SMEs).
Nationwide said its gross mortgage lending in the six months to 30 September rose 15% to £10.2bn and, of that, £2.5bn was lent to first-time buyers – helping almost 20,000 borrowers buy their first home. This latter figure was up 94% on a year earlier and translated into an 18.5% share of the first-time buyer market