News

• Three in ten Brits willing to move own money into a new account to ‘keep it safe’
• Young at risk: those aged 16-24 four times more susceptible than those 55 plus
• People in London, West Midlands, Wales and North East areas most likely to be at risk of impersonation scams
• But education message is working, with one in three refusing to hand over money

• More than five in ten lose their deposit in full, despite over two thirds disputing it
• More male students get their money back than women
• Students lose an average of £150 of their rental deposits while at university
• Lack of experience means many students fail to spot cost of renting

Cash-strapped students are being hit with an average bill of £150 at the end of their tenancy, with eight in ten saying the money was held back unfairly.

• Two thirds of Brits are slashing spending as rising cost of living begins to squeeze finances
• Most finding it harder to survive financially today versus five years ago, new poll reveals
• But Wi-Fi, gym membership and healthy eating among things least likely to be given up
• Regional stats show Londoners have over double the spare cash of Welsh - £585 vs £268
• Findings back Nationwide’s quarterly Spending Report – an analysis of c700m transactions

Brits are tightening their belts as research reveals the rising cost of living is beginning to bite, forcing many to slash spending.

• Total spend up from £1.48bn in 2017 with per child spend increasing by around £15
• Londoners set to spend the most per child with Yorkshire parents spending the least
• Increasingly more parents worrying about the cost of kitting out their kids – up by 13%
• More than one in ten turn to Bank of Grandparents for funding and a quarter use a credit card

While the UK's 8.63 million¹ school children enjoy the last of the summer holidays, parents have already started to turn their attention to the new school year because of the feared costs of kitting out the kids.

• Two thirds say there’s a strong sense of community where they live: East Midlands comes out top
• Just under six in ten socialise with neighbours and almost one in five consider them close friends
• Over four in ten rely on their neighbour and just under a quarter has a neighbour that relies on them
• Taking in the post, collecting a parcel and watching the house while away tops neighbourly gestures
• Ways to build community spirit include helping elderly neighbours and raising money for local charities

• Work together to understand and improve the new housing normal says Nationwide
• One in three live alone, rising to 45% of retired renters and 40% of those unemployed
• One in eight have lived in their current home for at least 10 years, though average is four
• More than a third exist on £100 a month or less, after paying for food, rent and bills
• Men left with over £100 more disposable income each month than women, on average

• More than eight in ten know someone who overshares on social media
• Bank card, pin number and password amongst information shared
• More than a third haven’t set their social media accounts to fully private
• Video shows how easy it is to get personal information out of unsuspecting 16 to 25 year olds
• Take our online quiz
  (This link will open in a new window)
  to see how much of an oversharer you are

• More than half of Brits with debt struggle but six in ten haven’t sought help, poll shows
• Persistent debt levels result in embarrassment, stress, anxiety and even depression
• Nationwide working with experts to offer support on managing debt and better budgeting

• Six in ten say their finances are out of shape, according to new poll from Nationwide
• One in four won’t have their account up straight until May while one in ten say December
• £119 difference between highest and lowest regions for savings expectations across 2018
• Seasonal survey forms part of Nationwide’s Q4 Spending Report, dissecting 200m transactions
• February is set to be a tough month as research reveals the average Brit is already £246.60 out of pocket by the time they are paid in January.

Poll shows vacations are full of worry as a quarter of Brits take two to three days to relax