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UCB Home Loans
UCB Home Loans Corporation Ltd (from ''Union de Crédit pour le Bâtiment'') is a specialist mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries. UCBHL operated out of a single location in Sutton with over 300 employees, relocating to Bournemouth and merging with the Portman Building Society The Portman Building Society was a mutual building society in the United Kingdom, providing mortgages and savings accounts to consumers and offering loans to commercial enterprises. Its head office was in Bournemouth and its administration cen ...'s The Mortgage Works in 2007 following Nationwide's merger with the Portman. It ceased new lending on 31 October 2008, but continues to collect money from its customers at rates that are above average. Existing customers of UCB Homeloans are paying a rate that is currently 4.99%+ above base rates. External linksUCB Home Loans official website References Financial services companies of the Un ...
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Nationwide Building Society
Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 16 million members. Its headquarters are in Swindon, England. Nationwide is made up of around 250 different building societies. Among the most significant mergers were those with the Anglia Building Society in 1987 and the Portman Building Society in 2007. It is now the second largest provider of household savings and mortgages in the UK and has a 10.3% market share of Current account (banking), current accounts for the 2021/2022 financial year. For the financial year 2021/2022, Nationwide had assets of around £272.4 billion compared to £483 billion for the entire building society sector, making it larger than the remaining 42 British building societies combined. It is a member of the Building Societies Association, the Council of Mortgage Lenders and Co-operatives UK. History The Society's ori ...
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Sutton, London
Sutton is the principal town in the London Borough of Sutton in South London, England. It lies on the lower slopes of the North Downs, and is the administrative headquarters of the Outer London borough. It is south-south west of Charing Cross, and is one of the thirteen metropolitan centres in the London Plan. The population of the town was counted as 41,483 in the 2011 census, while the borough overall counted 204,525. An ancient parish originally in the county of Surrey, Sutton is recorded in the ''Domesday Book'' of 1086 as having two churches and about 30 houses. Its location on the London to Brighton turnpike from 1755 led to the opening of coaching inns, spurring its growth as a village. When it was connected to central London by rail in 1847, it began to grow into a town, and it expanded further in the 20th century. It became a Municipal Borough of Sutton and Cheam, municipal borough with Cheam in 1934, and became part of Greater London in 1965. Sutton has the largest ...
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Bournemouth
Bournemouth () is a coastal resort town in the Bournemouth, Christchurch and Poole council area of Dorset, England. At the 2011 census, the town had a population of 183,491, making it the largest town in Dorset. It is situated on the Southern England, English south coast, equidistant () from Dorchester, Dorset, Dorchester and Southampton. Bournemouth is part of the South East Dorset conurbation, which has a population of 465,000. Before it was founded in 1810 by Lewis Tregonwell, the area was a deserted heathland occasionally visited by fishermen and smugglers. Initially marketed as a health resort, the town received a boost when it appeared in Augustus Granville's 1841 book, ''The Spas of England''. Bournemouth's growth accelerated with the arrival of the railway, and it became a town in 1870. Part of the Historic counties of England, historic county of Hampshire, Bournemouth joined Dorset for administrative purposes following the Local Government Act 1972, reorganisation of l ...
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Portman Building Society
The Portman Building Society was a mutual building society in the United Kingdom, providing mortgages and savings accounts to consumers and offering loans to commercial enterprises. Its head office was in Bournemouth and its administration centre in Wolverhampton. Portman merged with the Nationwide Building Society in August 2007,Building Society Mergers and Conversions since 1980
Building Societies Association website (Retrieved 5 April 2007)
at which time it was the third largest building society in the UK and the largest regional building society in the south of England, with 154 branches and assets exceeding £15 billion.


History


1846–1900: Origins


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The Mortgage Works
The Mortgage Works (UK) plc is a specialist Buy to Let mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries and based in Bournemouth, Dorset, England. They specialise in buy to let mortgage finance. Originally Sun Bank, it was purchased by the Portman Building Society The Portman Building Society was a mutual building society in the United Kingdom, providing mortgages and savings accounts to consumers and offering loans to commercial enterprises. Its head office was in Bournemouth and its administration cen ... in 2001 and renamed to The Mortgage Works in 2004. When Portman was merged with the Nationwide in 2007 they continued to trade under a separate name as a subsidiary. External linksThe Mortgage Works official website for mortgage brokersTMWOnline, official website ...
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Financial Services Companies Of The United Kingdom
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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Companies Based In The London Borough Of Sutton
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Bournemouth
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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