Nationwide builders’ society: mutual to build 200 ‘fair price’ homes

Building society dips toe into property development with £50m sale-and-rent scheme in Swindon, where its HQ is based

Nationwide Building Society is to directly build about 200 “fair price” homes for sale and rent for the first time with a scheme in Swindon.

But the mutual said it was only tiptoeing into property development and had no plans to become a volume housebuilder.

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