News
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
