News

• £500 cashback for homebuyers purchasing EPC-A rated properties; £250 for high EPC-B rated
• Green Reward available across all Nationwide’s purchase mortgage range
• Available on all types of properties; direct through Nationwide and via mortgage brokers
• Follows on from Society reducing rate on Green Additional Borrowing to 0.75%
• Nationwide’s Green Additional Borrowing product also now available via mortgage brokers

• £50m Oakfield development set to be one of Britain’s biggest off-gas housing developments
• Ambitious plan for all 239 homes to be EPC-A rated through forward-thinking approach
• Society shares learnings with house builders to encourage others to improve standards
• Nationwide has made £1bn available for borrowers to reduce carbon footprint of homes

• Nine in ten of Gen-Z (aged 16-24) are investors or have considered investing
• Two fifths of this age group expect to make big gains from investing
• Almost half of Gen-Z learned about investing from watching Hollywood films
• Younger generation believe they will see returns considerably faster

From 22 April, Nationwide Building Society will return to allowing bonus, overtime and commission income to be included as part of the mortgage affordability calculation.

• First major lender to offer first-time buyers ability to borrow 5.5 times salary up to 90% LTV
• New Helping Hand option to enable homeownership for many who have been frozen out
• Nationwide makes £1 billion available for lending on higher loan-to-income mortgages
• Last ten years saw average first-time buyer property prices jump 41%, while income rose 18%
• Move marks next step in Society’s plan to support those looking for a home of their own

Children get the chance to make their mark on football in new FA & Nationwide Building Society campaign

• The Society will adopt EcoVadis’ sustainability rating system to enhance the way it measures the sustainability of its supply chains
• Part of Nationwide’s ambition to build more diverse, more ethical and greener supply chains
• Follows High Commendation for Best Initiative to deliver Social Value by CIPS

• Partnership with Switchd gives Nationwide members six months’ free ‘auto-switching’ service
• A third choosing green tariffs, saving the equivalent carbon of driving three million miles¹
• Around 2,700 members have signed up and will have collectively saved over half a million pounds annually

• As more turn to investments, 22% don’t know how to check if an investment company is genuine
• Nationwide Building Society’s own data reveals a rise in investment scams over the last year
• 15% of victims would proceed if someone said they could get money back for a fee, and would continue with the scam
• But only 44% of investment scam victims would think about telling their bank or building society

• Society instils Work, Meet, Recruit, Live Anywhere ethos as it asks employees to ‘locate for their day’
• Employees say that remote working is leading to better outcomes for customers and colleagues
• Nationwide CEO Joe Garner: “We’ve listened and learned, and are now deciding to move forward not back”
• Society convenes major businesses to discuss Future of Work as part of report with Ipsos MORI

• Rate of 0.75% on Green Additional Borrowing across all LTV tiers up to max 85% LTV
• Available for borrowing of up to £25,000 for a range of sustainable home improvements
• Nationwide to begin offering its Green Additional Borrowing to brokers in the coming weeks
• Case study: Amy Brierley of Bolton borrowed £25k to make her home more energy efficient
• Rates reduced as Society leads way on greening of UK homes

More than two million privately rented households in the UK have no insurance policy on their properties, despite the contents of an average property amounting to £25,126, according to a new poll.

The gap in cover is shown in new research by Nationwide Building Society as it highlights the need to protect belongings in homes, regardless of whether they are owned or rented.