Subsidiaries
Nationwide also owns several subsidiary companies, including:
- First Nationwide - an investment company.
- Foundation Insurance Limited - Isle of Man based captive insurer.
- Monument (Sutton) Limited - commercial property rental company.
- The Mortgage Works (UK) plc - provider of Buy to Let and Self Certification mortgages.
- Nationwide International Ltd - offshore banking for British expatriates, based in Douglas in the Isle of Man,
- Nationwide Investments (No.1) Ltd - an investment company.
- Nationwide Mortgage Corporation Ltd. - acquires and administers commercial mortgage portfolios from third parties.
- Nationwide Syndications Limited - arranges and participates in syndicated loans to Registered Housing Associations.
- Nationwide Trust Limited - personal loan service.
- Nationwide UK (Ireland) - a direct savings provider in the Republic of Ireland.
- Nationwide Unit Trust Managers Ltd. - offering unit trusts, equity ISAs and Stakeholder Pensions.
- UCB Home Loans Corporation Ltd - provided specialist mortgage finance, no longer lending.
It also has the following divisions:
- Cheshire Building Society - a separate trading brand of Nationwide
- Derbyshire Building Society - a separate trading brand of Nationwide
- Dunfermline Building Society - a separate trading brand of Nationwide
- Nationwide Independent Financial Services Limited - a separate trading brand of Nationwide
Read more about this topic: Nationwide Building Society