News

18 items found, showing page 1 of 2

21 Apr 2021

Nationwide returns to accepting bonus, overtime and commission income

From 22 April, Nationwide Building Society will return to allowing bonus, overtime and commission income to be included as part of the mortgage affordability calculation.

20 Apr 2021

Nationwide helps Generation Rent become Generation Buy as Society increases max loan-to-income ratio for first-time buyers

  • First major lender to offer first-time buyers ability to borrow 5.5 times salary up to 90% LTV
  • New Helping Hand option to enable homeownership for many who have been frozen out
  • Nationwide makes £1 billion available for lending on higher loan-to-income mortgages
  • Last ten years saw average first-time buyer property prices jump 41%, while income rose 18%
  • Move marks next step in Society’s plan to support those looking for a home of their own

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

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.

11 Jan 2021

Nationwide to lead cross-sector group aimed at helping find ways to rebuild post COVID-19

  • Expanded group consists of major UK retailers and consumer groups and will meet each quarter
  • Panel will measure and assess impact of Brexit and Covid as nation hopes to recover and rebuild
  • Nationwide focussing future efforts on four areas: Home, Work, Financial Wellbeing & Community
  • Initial research from Ipsos MORI reveals changing societal needs across these four areas of life

03 Apr 2020

Nationwide halts plans to enter the business banking market as it focuses on its existing members' financial priorities

Nationwide Building Society (‘Nationwide’) has today announced that it is stopping plans to enter the UK business banking market as it prioritises supporting its members through the immediate and longer-term financial implications of COVID-19.

18 Nov 2019

House-share from hell: Brits reveal lack of sharing leads to housemate squabbles

  • Four in five Brits admit to disagreements with housemates
  • Cleaning and bills key causes of arguments, according to new poll
  • People choose to live together due to financial difficulty of living alone
  • One in three pay more than their fair share, adding extra £339 per year
  • Quarter have even lost a friend due to a household disagreement

23 Sep 2019

Fastest rise in Empty Homes since Recession

  • Action on Empty Homes and Nationwide Building Society call for targeted national investment to bring homes back into circulation to help reduce the housing crisis 
  • Empty homes in England increase by 5% (11,000) – double the rise of previous year
  • Now more than 200,000 empty homes across the country after second year-on-year rise

04 Jun 2019

Local housing causes to benefit from £500,000 as Nationwide opens regional grant application process

  • Local charitable organisations have new opportunity to benefit from grants of up to £50,000 each
  • Grants available to tackle housing issues in local communities
  • Application process now open in six regions

14 May 2019

Nationwide Building Society Celebrates "Good news for small businesses" as it secures £50 million grant to enhance entry into business banking market

  • Money will turbocharge efforts to deliver new and exciting services for businesses
  • Society to match every pound received over five years to shape the new products and services
  • Nationwide will deliver leading branch service while investing in digital solutions
  • 7,000 branch colleagues will be trained and a further 400 jobs are to be created

14 May 2019

Nationwide announces investment in behavioural analytics company Scaled Insights

Nationwide Building Society is today announcing that it will invest in Scaled Insights (This link will open in a new window), a company that uses behavioural AI to analyse people’s speech in order to communicate with them in language that is most accessible for them.

30 Apr 2019

Nationwide announces investment in new payment request service Ordo

Nationwide Building Society is today announcing that it has invested in Ordo, an innovative payment request service launching later this year that connects billers to payers using apps and secure messaging, putting billers and their customers back in control of their payments.

18 items found, showing page 1 of 2