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Woolwich · London United Kingdom

Company Description

Watling Street Bexleyheath
London
DA6 7-RR
United Kingdom (Map)
Phone: +44-208-298-5000
Fax: +44-207-699-3644
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    Well, which mortgage lender would you go with if not The Woolwich? Formerly a major UK building society, Woolwich today is the mortgage-lending brand for its parent, Barclays and offers fixed rate, tracker, and buy-to-let mortgages. Woolwich was acquired by the mega-bank in 2000 and continued to have its own locations and product offerings (checking and savings accounts, investment products, and more) until 2006, when Barclays announced that it planned to close some Woolwich branches and rebrand the rest under the parent name. Barclays' branches now offer Woolwich branded products to those seeking mortgages. Woolwich's Web site also guides customers through the lending process. To read the full description, subscribe now.

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    Key Woolwich Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$12.8
    Employees4,333

    Woolwich Executives

    3 executives listed for Woolwich's London,  location.
    TitleName & BioContact
    Acting Managing DirectorIvo PhilippsNetwork
    Head of MortgagesAndy GrayNetwork
    Head of Mortgage DevelopmentRichard SauletNetwork

    Competition

    Competitive Landscape for Woolwich
    Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.
    Top Woolwich Competitors
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