How are they doing, they do depend on the mortgage market.
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Nationwide are a bit conservative.
When they where giving out mortgages during the boom they allowed smaller multiples. They also went through about a year when they lost loads of business to competitors because they wouldn't decrease their rates.
They are also stricter about giving out current accounts with overdrafts and credit cards than other institutions.
They are also in the process of buying 2 smaller building societies. If you google you should be able to find the liabilities Nationwide have."You’re just a bad memory who doesn’t know when to go away" JR -
Safe as houses.
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If they fail the entire building society movement is up tulip creek.Originally posted by DimPrawn View PostSafe as houses.
"You’re just a bad memory who doesn’t know when to go away" JRComment
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Flash Gordon?Originally posted by DimPrawn View PostMcCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Dispatch War Rocket Ajax to bring back his body?Originally posted by TimberWolf View Post
B00med!Comment
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"You’re just a bad memory who doesn’t know when to go away" JRComment
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"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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