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Nationwide’s mortgage lending slumps by a third

Building society’s profits fall amid fierce competition and tightening of buy-to-let loans Nationwide has reported declining profits for the second year in a row, as net mortgage lending slumped by a third amid intense competition. The UK’s largest building society reported a 7.3% drop in statutory profits to £977m for the year to 4 April, […]

Warehouse REIT posts maiden results

Warehouse REIT, the AIM-listed specialist warehouse investor, has revealed its maiden results since floating last September.

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Telegraph & Guardian:

Nationwide’s mortgage lending slumps by a third

Building society’s profits fall amid fierce competition and tightening of buy-to-let loans Nationwide has reported declining profits for the second year in a row, as net mortgage lending slumped by a third amid intense competition. The UK’s largest building society reported a 7.3% drop in statutory profits to £977m for the year to 4 April, […]

Selling your home by raffle could be a gamble

It may seem like a lucrative way to beat the market, but you could end up out of pocket It was an ambitious plan: Donna Pirie offered to give away her £1.7m Aberdeenshire mansion in a competition, but she wanted to sell £3.75m worth of tickets to do so and give £1m to charity. In […]

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Property Week Featured:

Warehouse REIT posts maiden results

Warehouse REIT, the AIM-listed specialist warehouse investor, has revealed its maiden results since floating last September.

Schroder REIT reveals annual leap in NAV and profit

Schroder Real Estate Investment Trust (REIT) has posted a 6.4% rise in net asset value (NAV) and a 48% leap in profit in its annual results.

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