Nationwide has published their half year results, and because they recognise the hugely important part intermediaries play in helping them achieve these, they wanted to share some of the highlights with you:
- Record half year gross mortgage lending of £14.9 billion, up 14% from last year.
- Reinforced their position as the UK’s second largest mortgage lender, achieving gross and net lending market shares of 13.2% and 21.2% respectively.
- They helped 25,700 first time buyers onto the property ladder.
- The Mortgage Works saw growth of 32% with gross lending up to £2.9 billion.
- These highlights reflect a strong set of half year results with underlying profits up 27% to £801 million and statutory profits up 34% to £802 million.
Nationwide continues to play a major role in supporting the UK housing market. They’re looking forward to carrying on this success and working closely with you for the rest of the financial year.
For further information about Nationwide For Intermediaries visit their website or contact your local BDM.