News

On Thursday 25 November, Nationwide will be increasing rates on selected five-year fixed rate products up to 85% Loan-to-Value (LTV) by up to 0.20%.

• Landlords remortgaging to The Mortgage Works can benefit from £400 cashback
• TMW also introducing new range for purchase customers with free standard valuations

• New Flex Regular Saver pays 2% - one of the highest savings rates in the market
• Account exclusively for current account members, available for a limited time only

• Black Friday spending forecast to be 32% higher than pre-pandemic peak following 2020 dip 
• Nationwide members predicted to spend more than £251,000 per minute on Black Friday 
• 5pm to 12am the most popular time to make purchases on Black Friday 
• Research shows 36% worry about Xmas and 26% expect to be in more debt next year 
• People willing to pay more for items if they are made and delivered sustainably 
• LIVE DATA: CONSUMER SPENDING DATA TO BE AVAILABLE FOR MEDIA ON BLACK FRIDAY  

On Thursday 11 November, The Mortgage Works (TMW) is relaunching its range of House of Multiple Occupancy (HMO) mortgages.

Nationwide Building Society in Hull is proudly taking part in a unique project to transform its shop front to support Coventry in its year of Culture. The Show Windows project uses a unique exhibition approach by displaying artwork in front windows and has been produced as part of the 2021 UK City of Culture programme for Coventry. The Show Windows will be teaming up with Nationwide in Coventry, Hull and Liverpool to utilise their shopfronts in a bid to reach as many local residents as possible.

On Thursday 11 November, Nationwide will be relaunching its range of two-year tracker mortgages, with rate priced 0.40 per cent below the equivalent two-year fixed rates.

Nationwide Building Society in Coventry is proudly taking part in a unique project to transform its shop front to support Coventry’s City of Culture. The Show Windows project uses a unique exhibition approach by displaying artwork in front windows and has been produced as part of the 2021 UK City of Culture programme for Coventry. The Show Windows will be teaming up with Nationwide in Coventry, Hull and Liverpool to utilise their shopfronts in a bid to reach as many local residents as possible.

On Thursday 4 November, Nationwide will be increasing rates on selected two, three and five-year fixed rate products up to 80% Loan-to-Value (LTV) by up to 0.35%.

• Nationwide’s Spending Report analyses 620m payments, with transactions rising 10% between Q2 and Q3
• Modest three per cent increase in total spend; down on previous quarterly rise of 14% as spending stabilises
• Essentials: Data shows a 4 per cent rise in household spend - transport, fuel, debt and utilities spend up
• Non-essentials: 12 per cent rise in discretionary spend - leisure, holiday, food & drink and fashion up
• Research reveals rising cost of living impacts financial wellbeing – 74% worried; with credit usage rising
• Contactless card payments jump by 14 per cent and mobile payments up by more than a third (34%)

Savers with Nationwide Building Society’s Start to Save account are now well into their last three-month savings window ahead of the final prize draw taking place in January, as they aim to increase their balance by £50 a month across October, November, and December to be in with a chance of winning £100. As a result, Start to Save is no longer available for new openings (as members opening the account in November and December wouldn’t be eligible for the final draw).

• Increasingly people are reporting being victims, with younger people seemingly more impacted 
• Despite rise in cases, just one in ten worry about being targeted by an impersonation scam 
• Two thirds answer unknown or withheld calls and a fifth don’t check emails properly or at all 
• Latest research continues Nationwide’s ongoing campaign to educate people about scams 
• Follows launch of Society’s new Scam Checker Service, available in branch or over telephone