| Yes, I play the guitar buy assurans Against the wider backdrop of Nationwide’s entire mortgage book – over £135bn – the figure is small. But, interestingly, it is a hotspot of growth. Many of Nationwide’s regular owner-occupiers are repaying their loans quickly, causing that bigger part of the society’s lending book to grow relatively slowly. Landlords by contrast are taking on new debt, rather than repaying it. So looking at Nationwide’s lending on a “net” basis – after repayments are taken into account – I estimate that for every £3 lent to home owners living in their property, the mutual is currently lending £1 to landlords.
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