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Nationwide Lending up by 40%

March 20, 2013  |   Uncategorized   |     |   0 Comment

Nationwide Building Society has accelerating its mortgage lending by more than 40% as it works towards its pledge of housing an additional 750,000 people by 2017.

Figures for 2011 and 2012 have revealed that the society increased its gross lending from £12.1bn in 2011 to just over £17bn in 2012.

Nationwide’s statistics also revealed that it had increased its lending by £3.6bn whilst borrowing £2bn from the Funding for Lending Scheme.

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