News

12 items found

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

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

30 Jun 2021

Nationwide calls for collective action as it commits to a net zero future

  • World’s largest building society pledges to go net zero by 2050 and joins the Net-Zero Banking Alliance
  • Nationwide will publish science-based targets on achieving intermediate 2030 goals over the next 18 months
  • Society is calling for significant collective action to help communities reach net zero goals

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

26 Apr 2021

Nationwide launches cashback incentive to encourage energy efficient homeownership

  • £500 cashback for homebuyers purchasing EPC-A rated properties; £250 for high EPC-B rated
  • Green Reward available across all Nationwide’s purchase mortgage range
  • Available on all types of properties; direct through Nationwide and via mortgage brokers
  • Follows on from Society reducing rate on Green Additional Borrowing to 0.75%
  • Nationwide’s Green Additional Borrowing product also now available via mortgage brokers

26 Apr 2021

Nationwide calls for roadmap for all new homes to be built to 'EPC-A' standard as it announces plans for one of UK's largest energy efficient housing developments

  • £50m Oakfield development set to be one of Britain’s biggest off-gas housing developments
  • Ambitious plan for all 239 homes to be EPC-A rated through forward-thinking approach
  • Society shares learnings with house builders to encourage others to improve standards
  • Nationwide has made £1bn available for borrowers to reduce carbon footprint of homes

30 Mar 2021

Nationwide announces partnership with EcoVadis to help build more sustainable supply chains

  • The Society will adopt EcoVadis’ sustainability rating system to enhance the way it measures the sustainability of its supply chains
  • Part of Nationwide’s ambition to build more diverse, more ethical and greener supply chains
  • Follows High Commendation for Best Initiative to deliver Social Value by CIPS

30 Mar 2021

Nationwide members switch to green energy as Society helps beat the looming energy bill price hike

  • Partnership with Switchd gives Nationwide members six months’ free ‘auto-switching’ service
  • A third choosing green tariffs, saving the equivalent carbon of driving three million miles1
  • Around 2,700 members have signed up and will have collectively saved over half a million pounds annually

23 Mar 2021

Homeowners encouraged to go green as Nationwide offers its lowest ever further advance rate for sustainable home improvements

  • Rate of 0.75% on Green Additional Borrowing across all LTV tiers up to max 85% LTV
  • Available for borrowing of up to £25,000 for a range of sustainable home improvements
  • Nationwide to begin offering its Green Additional Borrowing to brokers in the coming weeks
  • Case study: Amy Brierley of Bolton borrowed £25k to make her home more energy efficient
  • Rates reduced as Society leads way on greening of UK homes

10 Mar 2020

Nationwide boosts bid to reduce carbon footprint of Britain's homes with new green additional borrowing

  • New mortgage loans offer reductions of up to 0.69% to help encourage people to greenify homes
  • Rates start from as low as 1.00%, with members able to borrow between £5k and £25k
  • Forms part of Society’s £1 billion pledge to reduce carbon footprint of UK homes
  • Nationwide is also reducing rates on selected two, three and five-year fixed rate mortgages

06 Feb 2020

Nationwide calls for Council tax eco-reform as it announces £1bn to make Britain's homes greener

  • Reform of Council Tax and new Help to Green scheme needed to incentivise consumer behaviour
  • New incentives must be brought in to help major housebuilders improve energy ratings
  • Nationwide makes £1 billion available to drive green home improvements

12 items found