{"id":89026,"date":"2018-05-22T15:55:55","date_gmt":"2018-05-22T08:55:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwides-mortgage-lending-slumps-by-a-third\/"},"modified":"2018-05-22T16:05:14","modified_gmt":"2018-05-22T09:05:14","slug":"nationwides-mortgage-lending-slumps-by-a-third","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwides-mortgage-lending-slumps-by-a-third\/","title":{"rendered":"Nationwide&#039;s mortgage lending slumps by a third"},"content":{"rendered":"<p>&#013;<br \/>\nBuilding society\u2019s profits fall amid fierce competition and tightening of buy-to-let loansNationwide has reported declining profits for the second year in a row, as net mortgage lending slumped by a third amid intense competition.The UK\u2019s largest building society reported a 7.3% drop in statutory profits to \u00a3977m for the year to 4 April, down from \u00a31.05bn the previous year. Profits include the \u00a3116m cost of buying back debt. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2018\/may\/22\/nationwide-mortgage-lending-building-society-buy-to-let\" target=\"_blank\">Nationwide&#8217;s mortgage lending slumps by a third<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Building society\u2019s profits fall amid fierce competition and tightening of buy-to-let loansNationwide has reported declining&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-89026","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-n9U","jetpack-related-posts":[{"id":89020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-slumps-as-competition-weighs-on-nationwide\/","url_meta":{"origin":89026,"position":0},"title":"Mortgage lending slumps as competition weighs on Nationwide","date":"May 22, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Mortgage lending slumps as competition weighs on Nationwide","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barratt-profits-plunge-75-as-number-of-houses-built-slumps\/","url_meta":{"origin":89026,"position":1},"title":"Barratt profits plunge 75% as number of houses built slumps","date":"September 4, 2024","format":false,"excerpt":"\r Cost of living crisis, higher mortgage rates and weak consumer confidence weigh on housing market in past yearBarratt Developments has suffered a 75% drop in annual profit and a double-digit decline in home completions after a \u201cchallenging\u201d year for Britain\u2019s biggest housebuilder.The company said the past year had proved\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95589,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zillow-downgraded-by-bank-of-america-on-greater-risk-to-profits-from-adding-mortgage-lending\/","url_meta":{"origin":89026,"position":2},"title":"Zillow downgraded by Bank of America on \u2018greater risk\u2019 to profits from adding mortgage lending","date":"August 7, 2018","format":false,"excerpt":"\r Bank of America Merrill Lynch\u00a0lowers its rating to neutral from buy for Zillow shares, citing increasing concerns over its business model shift to home selling and mortgage lending.\r \r Source : cnbc.com\r Read more...Zillow downgraded by Bank of America on \u2018greater risk\u2019 to profits from adding mortgage lending","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122892,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-profits-triple-to-1bn-after-jump-in-mortgage-lending\/","url_meta":{"origin":89026,"position":3},"title":"NatWest profits triple to \u00a31bn after jump in mortgage lending","date":"October 29, 2021","format":false,"excerpt":"\r Stronger economic position allows bank to release \u00a3242m worth of provisions NatWest Group tripled its profits in the third quarter to a better than expected \u00a31.1bn, thanks to a jump in mortgage lending and a recovery in the economy despite setting aside cash to cover fines linked to money-laundering\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners\/","url_meta":{"origin":89026,"position":4},"title":"New mortgage deal falls below 5% in \u2018watershed moment\u2019 for UK homeowners","date":"November 9, 2023","format":false,"excerpt":"\r Nationwide\u2019s two-year fixed rate deal offered at 4.99% as lenders jostle for customersBusiness live \u2013 UK mortgage arrears rise as high rates hit borrowers A two-year fixed-rate mortgage priced at below 5% has gone on sale for the first time since early summer as leading lenders jostle to attract\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwides-delays-could-cost-us-the-home-we-want-to-buy\/","url_meta":{"origin":89026,"position":5},"title":"Nationwide\u2019s delays could cost us the home we want to buy","date":"June 22, 2016","format":false,"excerpt":"\r It\u2019s been three months since we applied for a mortgage \u2013 it took the building society five weeks just to read the valuation reportThree months after applying for a mortgage, we are still waiting for Nationwide to confirm the offer and are now in danger of losing the home\u2026","rel":"","context":"In &quot;Property 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