News

• New data shows how #sunshineguilt spending shot up in warmest March in 115 years
• Nationwide data shows gardening spend in March up 95% compared to February, and up 26% year on year
• DIY spending was up 17% compared to February, and up 7% versus March last year
• March also ushered in an increase in holiday and airline spend - up 15 per cent compared to February and up 9% on March 2024

• The Money and Mental Health Policy Institute has awarded Nationwide an advanced rating through its Mental Health Accessible programme for essential services firms.
• Nationwide is the first building society to gain this rating - which is the second of three levels firms can achieve through the programme.
• This follows a comprehensive review by the charity assessing the accessibility of their services for customers with mental health problems.
• The award recognises the tangible steps Nationwide has taken to support its customers with mental health problems, and the progress it has made after working with Money and Mental Health to make their services more accessible.

The Mortgage Works will be reducing selected two-year fixed buy-to-let rates by up to 0.10%. The new rates will be effective from tomorrow, Wednesday 9 April.

• Sole applicants now need minimum income of £35k to benefit from Helping Hand; minimum income requirement for joint applications remains at £55k
• Nationwide regularly reviews minimum incomes on Helping Hand to ensure high loan-to-income lending remains within regulatory limits
• The UK’s leading lender* to first-time buyers continues calls for a review of the regulatory limit to help more into a home of their own

• As Glastonbury festival ticket resale looms, high demand and low availability create perfect storm for scammers, warns Nationwide
• New research reveals 1 in 4 (25%) have fallen victim to ticket scams, losing £82 on average
• A staggering 51 per cent of Brits would consider buying tickets from questionable sources
• Nearly 1 in 5 (18%) young people (aged 25-34) are more likely to take risks as big events approach
• Two in five (40%) 25-34-year-olds are willing to knowingly buy fake tickets to secure a spot

• Brits' social lives back on track as spend increases 49% from Feb 2021 to Feb 2025 

• Holidays see biggest spend increase, followed by travel, leisure and childcare  

• Spending dips recorded across dating, DIY, general retailers and discount stores 

• Rate reductions on selected products between 80% and 95% Loan-to-Value for first-time buyers, home movers and those looking to remortgage
• Nationwide now offering sub-5% rates for first-time buyers and home movers at 95% LTV
• Nationwide also introducing a range of new £1,499 fee¹ products at 90% and 95% Loan-to-Value

Nationwide is launching a new children’s savings accounts aimed at helping parents or those with parental responsibility save for their children’s future and build healthy financial habits that will last a lifetime.

• Guides support customers needing accessible communications, such as those with learning disabilities
• Aims to support day-to-day banking needs by making information easier to understand
• Forms part of Nationwide’s efforts to make banking more accessible for all and follows recent rollout of Speak Easy across branches

Nationwide is today (Monday 17 March) making two changes to its mortgage criteria as it looks to increase its support for more borrowers.

On Saturday 15 March, The Mortgage Works will be reducing rates by up to 0.30 percentage points across selected buy-to-let products for new customers with rates starting from 3.24%.

Nationwide Building Society is today (14 March 2025) launching Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs paying increased rates.