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Nemo Personal Finance
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Nemo Personal Finance Limited operated as a subsidiary of the Principality Building Society, one of the largest building societies in Wales. Established to offer secured loans, also known as second-charge mortgages, the company provided homeowners with a way to borrow against their property's equity without remortgaging. In April 2020, Nemo Personal Finance stopped accepting new applications as part of a strategic decision by its parent company to focus on its core mortgage and savings business. The company is now solely focused on managing its existing customer accounts through to the end of their loan terms.
United Kingdom
Industry
Financial