News

531 items found, showing page 1 of 45

25 Mar 2024

The Mortgage Works reduces rates

The Mortgage Works (TMW) will be reducing rates on selected buy-to-let and limited company products by up to 0.40 percentage points. The new rates will be effective from Tuesday 26 March.

21 Mar 2024

Nationwide Building Society confirms offer for Virgin Money UK PLC and extends Branch Promise

  • Deal to deliver greater value to Nationwide members and access to wider range of services over time.
  • Branch Promise extended by two years.

19 Mar 2024

Nationwide launches new fixed rate ISAs

Nationwide Building Society is today (19 March 2024) launching new issues of its Fixed Rate ISAs.

18 Mar 2024

Nationwide Launches British Sign Language Service As It Increases Access to Financial Services for Deaf People

  • Website translation service comes as Sign Language Week begins in the UK
  • Enhances support Nationwide offers Deaf customers in branch and contact centres
  • Just 6% of financial services firms1 offer websites in British Sign Language (BSL)
  • Deaf charities call for greater awareness of BSL as a recognised UK language
  • BSL is the primary language of 87,000 of UK’s Deaf population

04 Mar 2024

The Mortgage Works Improves Affordability Criteria

The Mortgage Works is tomorrow (Tuesday 5 March) reducing its Interest cover ratios (ICR):

  • For higher rate taxpayers, the ICR reduces from 165% to 160%
  • For Limited Company and lower rate taxpayers, the ICR reduces from 130% to 125%

04 Mar 2024

Nationwide Urges Government To Boost Homeownership Ahead of Spring Budget

  • Asks include a market-wide review, reintroduction of Help to Buy ISA, stamp duty reform and an increase in higher loan to income lending

01 Mar 2024

The Mortgage Works Urges Government To Support Landlords For A Stronger Private Rental Sector

  • The Mortgage Works calls on Government to introduce four measures to build a stronger private rental sector

27 Feb 2024

Nationwide - Windsor’s ‘one and only’ branch - launches new community fund that donates £200 for every new account opened

  • Windsor’s last banking branch, Nationwide, supports community by funding a community-driven initiative up to £10,000
  • It will add £200 into a community fund for every new current and savings account opened by local people
  • Residents to decide how the fund is spent in the town by voting on three options put forward locally
  • Launched by Windsor pop icon and fellow ‘one and only’, Chesney Hawkes, at live performance in branch

21 Feb 2024

Discount store spend jumps 41% as Brits offset cost-of-living by bagging bargains

  • Households aim to make money go further by shopping at discount stores, such as B&M, Poundland & Temu
  • Nationwide’s Spending Report shows Brits spent £7.5bn in January – three per cent increase on last year
  • Renters face biggest hike as rent payments rise 28% year on year, while mortgage repayments up by 11%
  • Despite rising essential costs, spend up on non-essentials, from subscriptions to holidays and health & beauty
  • Nationwide, which operates a cost-of-living helpline (0800 030 4066) urges anyone struggling or worried to contact their financial service provider to help them get back on track

12 Feb 2024

Romancing the homme: How scams are rising for men looking for love

  • Romance scams with male victims rose 40% between 2022 and 2023, according to Nationwide’s customer data
  • However, women are likely to lose more to love scams: average loss of £10,610 versus £8,181 for men in 2023
  • 20% of romance scam cases reported by men in 2023 involved victims aged 20-30 years old
  • Nationwide’s Scam Checker Service enables customers to check and protect a payment first

531 items found, showing page 1 of 45