Lambeth Building Society Mortgages

The Lambeth Building Society was founded in February 1852 as The Number Three Borough of Lambeth Permanent Benefit Building Society. Early mortgages were made on local properties in Kennington, Peckham and Bermondsey.

The Lambeth announced its merger with the Portman in March 2006.

On 30 September all 70,000 Lambeth members became members of Portman Building Society with the same voting rights as Portman members.

Since the merger with Portman Building Society, Portman has now merged with the Nationwide Building Society.

The merged building society is called Nationwide and Portman branches have been closed or rebranded, and the Portman website address now redirects to the Nationwide Building Society site.

Around 75 branches have been closed, mostly in cities where there was both a Portman and a Nationwide building society and there were not enough customers to sustain both. In other locations, both branches have been kept until the enlarged society can find large enough premises to merge the two. Former Portman members are now members of Nationwide, making Nationwide the UK's second largest mortgage lender and savings provider. The society now has a total of 13 million members.

Nationwide Building Society mortgages .................

To find out more about Nationwide mortgage , simply complete the Nationwide Mortgage Quote to receive details of the best Nationwide mortgage to suit your individual circumstances. Alternatively call 0800 801079 to speak to a mortgage advisor.

 

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