Product news

• Nationwide’s gambling block and industry partnerships aimed at tackling problem gambling
• Nationwide first to join Gambling Harm Actions Lab to enhance gambling support for customers
• 11% of gamblers bet daily, 28% hide their habit and 4% have lost more than £1k on a single bet, poll shows
• But research also highlights one in five would refuse to seek help if their gambling became an issue
• Younger people most likely to bet daily, spend the most, and more likely to hide their gambling

Nationwide is today (13 December 2024) launching new issues of its Triple Access and Flex Instant Access accounts.

By 5pm today, Nationwide customers have made 7.39 million transactions - 16 per cent higher than a typical Friday.

By 2pm today, Nationwide customers have made 5.24 million transactions - 18 per cent higher than a typical Friday.

By 9am this morning, Nationwide customers have made 1.66 million transactions - 21 per cent higher than a typical Friday.

• December and January peak months for overdraft use due to festive spend, new research from Nationwide shows
• Nationwide introduces £50 interest-free overdraft buffer in time for Christmas
• Takes sting out of dipping into overdraft, with 1 in 4 Nationwide customers going into red by £50 or less each month
• Brits spend 12 days a month in overdraft with top reasons being overspending and higher than normal bills

Nationwide Building Society is today (24 October 2024) launching new issues of its Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs. 

On Thursday 26 September, The Mortgage Works is reducing its rates by up to 0.35 percentage points across selected buy-to-let products for new customers, with rates starting from 3.49%. 

Nationwide Building Society is today (20 September 2024) launching new issues of its Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs. 

Effective from tomorrow, Tuesday 24 September, Nationwide Building Society will be cutting rates on the vast majority of its fixed rate products by up to 0.31 percentage points.

• First major lender to offer first-time buyers ability to borrow six times income up to 95% Loan-to-Value
• Enables couple earning £50k to borrow £300k towards first home – c£75k more than standard lending
• Nationwide becomes first big lender to offer sub-5% rate at 95% LTV for first-time buyers as it cuts rates
• Nationwide also increases max loan sizes, including up to £750k between 90% and 95% Loan-to-Value
• “Putting first-time buyers first” the latest demonstration of the value of being a Nationwide member