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The Woolwich brand-name was retained after the acquisition, and the Woolwich head office remained in Bexleyheath, south-east London, 4.5 mi from the original office in Woolwich. [ 6 ] On 28 June 2006, Barclays announced that The Woolwich was to become the Barclays UK mortgage brand, supported by Barclays branches, and that Woolwich branches ...
Expansion in the bank's international business easily outpaced domestic growth, where it is struggling to turn around the Woolwich mortgage business and lost further market share. REUTERS/Stephen Hird
Most of the business bought by Virgin Money UK in January 2012, [19] with remaining riskier mortgage business retained by the government and renamed NRAM plc (now Landmark Mortgages Limited [20]). The Woolwich: converted to plc Barclays: 1997 Now part of Barclays plc. Woolwich brand name now only used for mortgages from Barclays with the ...
Chesterton was chairman of the Woolwich Equitable from 1976 to 1983, often acting as spokesman for the building society sector as a whole at a time of high interest rates, restricted mortgage availability and, towards the end of his tenure, rapidly rising house prices.
Mortgage bankers may be able to get multiple offers from institutions they work with, and they can also originate all types of loans, giving you flexibility in the type of loan you can apply for.
There were a couple of small building society acquisitions – the Worthing Building Society in 1957 and the Finchley in 1973. In 1974 the Temperance merged with the Bedfordshire Building Society to form the Gateway Building Society. The Gateway in turn merged with the Woolwich Equitable in 1988 to form the Woolwich Building Society. [6]
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