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The group reported.9 per cent drop in underlying profits to 368million for the three months to the end of July.
Save to Buy mortgages, first Time Buyer or moving home?Rachel Springall of financial researchers Moneyfacts said earlier this week of some of Nationwides rivals: "The banks are promo code for keystone school taking full advantage of the fall in bank base rate to impose brutal cut rates on savers who will be feeling exploited.".He added: "As the worlds largest building society, we are in the fortunate position to be able to take a long term view and focus on providing great service, security and stability for our members.When its complete, please send your form to the address below: Nationwide Building Society, mortgage New Business, northampton Admin Centre.Reuters 5, the Bank of England last week announced it would slash base interest rates by 50, down.25, this was a boon for mortgage holders, but a blow to savers, already suffering from years of low rates.What does the Bank of England's interest rate cut mean for you?Rate CUT revealed, bank of England has cut interest rates to historic low.25 to ward off the threat of recession project cheer, britains Brexit bonus as Bank of England admits there was NO slump after Leave vote 'patience iirtue bank of England holds.