Dossier
building societies
Coverage of building societies in the Nexus archive.
- No deposit, no problem: the new 100% mortgages for first-time buyers
Metro Bank and other lenders are offering 100% mortgages with no deposit required, helping first-time buyers enter the property market. These loans, which were common before the 2008 financial crisis, are now being reintroduced with relaxed affordability rules.
- Nationwide pressed to address ‘emerging governance issues’ as AGM looms
Labour MP Navendu Mishra has written to Nationwide's chair Kevin Parry, urging the building society to address governance concerns including overuse of quick votes and lack of member representation on boards. A similar letter was sent to Chancellor Rachel Reeves.