Product news
25 Nov 2022
Live Black Friday spending data: 9am update
By 9am this morning, Nationwide members have made 1.37 million transactions – 17 per cent higher than a typical Friday.
24 Nov 2022
The Mortgage Works reduces select buy-to-let mortgage rates
The Mortgage Works (TMW) will be reducing selected fixed buy-to-let rates by up to 0.95 percentage points from tomorrow, Friday 25 November. In addition, TMW will be adjusting its range to offer products with various fee options.
22 Nov 2022
Nationwide reduces select fixed and tracker mortgage rates by up to 0.30%
Nationwide Building Society will be reducing selected two, three and five-year fixed and two-year tracker mortgage rates by up to 0.30 percentage points from tomorrow, Wednesday 23 November.
22 Nov 2022
Bargain loving Brits and football fans to boost Black Friday spending
- Black Friday spending set to be 7% higher than last year, with World Cup boosting forecast
- Nationwide members predicted to spend more than £222K per minute on Black Friday
- Many will use Black Friday offers to help spread the cost of Christmas and things they need
- Nearly a third regret impulse purchases they make on the day
- Live data: Consumer spending data to be available for media on Black Friday
21 Nov 2022
Want versus need: Essential spend grows 10% in a year as discretionary costs stall
- Nationwide Spending Report shows essential spending rises 10% year-on-year vs 6% for non-essentials
- Overall spend up 6% year-on-year as cost of living rises – matching September’s growth
- Despite annual increase, utilities and bills down 4% vs September as government discount kicked in
- Monthly report provides overview of c230 million debit card, credit card and Direct Debit transactions
18 Nov 2022
Nationwide further increases savings rates for existing members by up to 1.50%
Nationwide Building Society is today announcing further rate increases on all of its off-sale variable rate savings accounts. The changes, effective from 1 December 2022, will see the Society increasing rates by up to 1.50 per cent.
10 Nov 2022
TMW reduces buy to let rates
On Friday 11 November, The Mortgage Works (TMW) will reduce selected fixed buy to let and limited company buy to let rates by up to 0.95% and will introduce new two year tracker products.
10 Nov 2022
Nationwide cuts mortgage rates by up to 0.70%
From tomorrow, Friday 11 November, Nationwide Building Society will reduce selected two, three, five and ten-year fixed and two-year tracker products by up to 0.70 per cent across all LTVs.
08 Nov 2022
Product update: Mortgages
Following the 0.75% increase in the Bank of England Bank Rate on Thursday 3 November, mortgage members who are on Nationwide’s Base Mortgage Rate (BMR)1 and Standard Mortgage Rate (SMR)2 products will see a rise of 0.75%.
