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The Mortgage Works (UK) plc is a specialist Buy to Let mortgage lender [1] of Nationwide Building Society, working primarily through regulated intermediaries and based in Bournemouth, Dorset, England. They specialise in buy to let mortgage finance.
As of 2022, Nationwide ranked as the second largest provider of household savings and mortgages in the UK, holding a 10.3% market share in current accounts. [ 1 ] : 15 For the financial year 2021/2022, Nationwide had assets of around £272.4 billion [ 1 ] : 57 compared to £483 billion for the entire building society sector, [ 5 ] making it ...
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Merger information presented to voters suggested that they should vote in favour of the proposed merger, advice in direct contrast to that expressed by the same Portman board before they had received Nationwide's incentive-laden offer. [6] The merger was overwhelmingly endorsed by members at the society's AGM on 23 April 2007.
Virgin Money UK plc (formerly CYBG plc) is a British banking and financial services company. It has been owned by Nationwide Building Society since 1 October 2024. The Virgin Money brand was founded by Richard Branson in March 1995.
Charter Court in Wolverhampton (on the left) The company was established with long term investment provided by Elliott Associates LP and Elliott International LP, to provide credit consultancy and mortgage administration services for pools of mortgage loans owned by third parties in 2008.
Some of the Society’s first mortgages went to local co-operative societies to buy their own buildings. Mortgage Number 3, granted in June 1884, was given to the Hampton Co-operative Society to buy land worth £100. Mortgage number 10, granted in April 1885, went to the Ardsley Co-operative Society to buy a shop and bake house for £350.