Nationwide has announced it will close its UCB Homeloans brand in response to the slowing mortgage market.
The closure leaves the building society with just one specialist-lending arm, The Mortgage Works. The brand closed to new lending at the beginning of October and nine sales jobs will be lost as a result. Nationwide says The Mortgage Works has a more advanced technology platform and the society wishes to focus on one specialist brand going forward. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAonline
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