A century ago the predecessor to today’s Nationwide building society was instrumental in building Letchworth, the first of Britain’s garden cities. Now the mutual society is going back to the future and is to start building homes again for the first time in a hundred years, in a revolutionary not-for-profit venture challenging the major housebuilders’ grip on the property market.
Building society’s profits fall amid fierce competition and tightening of buy-to-let loans
Building society dips toe into property development with £50m sale-and-rent scheme in Swindon, where its HQ is based
Claims for damage from gale force winds brought by storm Ophelia could reach £10m, according to the UK’s largest rural insurer.
While the cost of the gales across Northern Ireland, Wales and Scotland are expected to be between £5m-£10m, NFU Mutual said this could rise further as farmers venture out to inspect any damage over the coming days.
Opt in here