Nationwide Building Society
The Nationwide Building Society is the UK’s biggest building society, and also the UK’s second largest mortgage lender.
Key products include:
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,
- personal loans
- current accounts
Insurance products which includes:
- building and contents
- car insurance,
- travel insurance,
and other general insurance products, life assurance, and investments, savings, as well as 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).
Royal Bank of Scotland