News

69 items found, showing page 1 of 6

26 Jul 2021

Four major action groups launched to find new ways to tackle the UK housing crisis

  • Pandemic compounds existing issues, from rising house prices to a growing divide between owners and renters
  • Nationwide Building Society takes broad approach by working across sectors and industries to find solutions
  • Society joins raft of respected organisations and experts in housing, from Barratt Developments to Shelter
  • Action groups aim to help find solutions to issues around housing affordability, accessibility and sustainability

23 Jul 2021

Difficult journey to home ownership exacerbated by the impact of the pandemic

  • 63 per cent of people say the UK has a housing crisis, rising to 71 per cent of private renters
  • A quarter of renters say pandemic has made it less likely they will be able to buy their own home
  • 68 per cent of renters don’t think they will ever be able to afford a home to buy
  • 57 per cent of households are now homeowners, down from 64 per cent in 2003
  • Nationwide & Ipsos MORI research forms part of comprehensive ‘Future of Home’ report launching on Monday

22 Jul 2021

Easing of restrictions sees loosening of purse strings as Brits begin to return to spending ways

  • Nationwide’s Spending Report shows total number of transactions made in Q2 up 20% on Q1
  • Non-essential spending up 60%, boosted by holidays, eating/drinking out, gardening & leisure
  • £133.7 million spent on charities between April and June – 16% up on the first 3 months of 2021
  • Contactless boom continues: mobile payments up 70% on the first quarter of the year
  • Travelling again: spend on taxis above pre-pandemic levels; public transport spend still down

15 Jul 2021

Energy bills would need to rise by £56 a month before average Brit invests in making home greener

 

  • Research from Nationwide highlights interest in green but lack of knowledge or action
  • Urgent need to green homes – despite half of Brits saying they are environmentally friendly
  • 53% don’t know what CO2 means, 75% what net-zero means and 90% what EPC means
  • Nationwide’s £1 billion loan fund is available for borrowers to green their homes

19 May 2021

End of consumer hedonism? UK households reluctant to spend £180 billion of Covid savings

  • Research from UK Consumer Insight Panel shows lockdown has flipped nation’s priorities
  • UK optimism rises, but caution leads to households prioritising savings over spending
  • Despite savings made by many, 1 in 4 households see savings reduce because of Covid
  • More people shunning ‘live for today’ mantra than endorsing it for the first time in 22 years
  • Panel outlines trends they are seeing, from rising footfall and optimism to worries about finances
  • Call for government and business to encourage smarter spending that supports a green recovery, wellbeing for lowest earners and champions safety for consumers

29 Apr 2021

Dogs, Dating and Dahlias: Household spend down in first quarter of 2021 but more being spent on making emotional connections

  • Nationwide Spending Report shows Q1 essential and discretionary spend down year on year
  • Essential spending down 3.4% while non-essential spending reduces 14.9%
  • Brits spending more on emotional connections vs 2020 – from dating to gardening and pets
  • Department store spending also soars as people continue to order from comfort of their home
  • Spend via mobile payments jumps by 47% due to lower cash usage; credit card spend falls 23%

23 Apr 2021

Gen-Z lured by Wolf of Wall Street as many invest in search of a quick return

  • Nine in ten of Gen-Z (aged 16-24) are investors or have considered investing
  • Two fifths of this age group expect to make big gains from investing
  • Almost half of Gen-Z learned about investing from watching Hollywood films
  • Younger generation believe they will see returns considerably faster

07 Apr 2021

Coin for Respect

Children get the chance to make their mark on football in new FA & Nationwide Building Society campaign

29 Mar 2021

Life savings at risk as many don't know how to spot investment scams

  • As more turn to investments, 22% don’t know how to check if an investment company is genuine
  • Nationwide Building Society’s own data reveals a rise in investment scams over the last year
  • 15% of victims would proceed if someone said they could get money back for a fee, and would continue with the scam
  • But only 44% of investment scam victims would think about telling their bank or building society

22 Mar 2021

Half of renters have no home insurance in place, despite average £25k value of contents

More than two million privately rented households in the UK have no insurance policy on their properties, despite the contents of an average property amounting to £25,126, according to a new poll.

The gap in cover is shown in new research by Nationwide Building Society as it highlights the need to protect belongings in homes, regardless of whether they are owned or rented.

22 Mar 2021

A year of lockdown in numbers as Britain spends over £700 a month on living best life indoors

  • Research from Nationwide reveals Brits spent £8,465 on entertainment at home
  • National poll comes as UK marks a year of lockdown measures on March 24
  • Amazon, clothes, takeaways, and DIY ranked in league table of spend
  • Eats and treats offset as Brits exercise more and keep in touch with friends & family

17 Mar 2021

Future of flexible working: research reveals pandemic pressure on mums but desire for remote working going forward

  • Impact on wellbeing of homeworkers with children significantly worse than those without
  • Despite homeworking and home-schooling pressures, Nationwide and Ipsos MORI research reveals 6 in 10 with kids at home say remote working leads to better work-life balance
  • Women working remotely with children at home more likely than men to report that their mental health got worse because of Covid-19, according to the research
  • Nationwide calls on UK employers to consider what flexible working should mean at a time the nation slowly eases out of lockdown as the vaccine rollout continues
  • Flexible working champion Anna Whitehouse, known as ‘Mother Pukka’, launches findings alongside Nationwide

69 items found, showing page 1 of 6