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Latest news

01 Mar 2024

The Mortgage Works Urges Government To Support Landlords For A Stronger Private Rental Sector

  • The Mortgage Works calls on Government to introduce four measures to build a stronger private rental sector

27 Feb 2024

Nationwide - Windsor’s ‘one and only’ branch - launches new community fund that donates £200 for every new account opened

  • Windsor’s last banking branch, Nationwide, supports community by funding a community-driven initiative up to £10,000
  • It will add £200 into a community fund for every new current and savings account opened by local people
  • Residents to decide how the fund is spent in the town by voting on three options put forward locally
  • Launched by Windsor pop icon and fellow ‘one and only’, Chesney Hawkes, at live performance in branch

21 Feb 2024

Discount store spend jumps 41% as Brits offset cost-of-living by bagging bargains

  • Households aim to make money go further by shopping at discount stores, such as B&M, Poundland & Temu
  • Nationwide’s Spending Report shows Brits spent £7.5bn in January – three per cent increase on last year
  • Renters face biggest hike as rent payments rise 28% year on year, while mortgage repayments up by 11%
  • Despite rising essential costs, spend up on non-essentials, from subscriptions to holidays and health & beauty
  • Nationwide, which operates a cost-of-living helpline (0800 030 4066) urges anyone struggling or worried to contact their financial service provider to help them get back on track

12 Feb 2024

Romancing the homme: How scams are rising for men looking for love

  • Romance scams with male victims rose 40% between 2022 and 2023, according to Nationwide’s customer data
  • However, women are likely to lose more to love scams: average loss of £10,610 versus £8,181 for men in 2023
  • 20% of romance scam cases reported by men in 2023 involved victims aged 20-30 years old
  • Nationwide’s Scam Checker Service enables customers to check and protect a payment first

09 Feb 2024

Product update - Flex Regular Saver

From today (9 February 2024), Nationwide is launching a new issue of its Flex Regular Saver paying a highly competitive 6.5% AER/gross p.a. for 12 months1.

30 Jan 2024

Nationwide Reaffirms Cost-Of-Living Support As Poll Shows Cumulative Impact Of Rising Bills On Typical British Family

  • New research highlights impact of cost-of-living crisis since 2021 as 69% of families more worried compared to last year
  • Since 2021, average family energy bills have risen by 63%, fuel by 39%, food by 32%, rent by 26% and mortgages by 22%
  • Percentage of families with no spare cash at the end of each month almost doubles between 2022 and 2023
  • Britain’s biggest building society reminds worried or struggling customers to contact its dedicated cost-of-living helpline
  • But one in five feel that financial pressures are starting to ease in 2024, and are hopeful things will start to improve

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