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Evening Standard
Evening Standard
Anna Wise

Nationwide sees mortgage lending dip after stamp duty rush but market ‘healthy’

The building society reported net mortgage lending totalled £4.7 billion for the six months to the end of September (Fiona Hanson/PA) - (PA Wire)

Nationwide Building Society has revealed a dip in mortgage lending after homebuyers raced to complete purchases ahead of April’s stamp duty deadline, while income soared following its takeover of Virgin Money.

The building society bought the rival lender last year, becoming the UK’s second largest mortgages and savings provider as a result.

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