News
24 Aug 2020
Nationwide partners with The FA of Wales to help create mutually respectful society
- Nationwide strikes three-year deal to support The FA of Wales (FAW) successful Fair Play initiative
- Initiative seeks to encourage players and their clubs to show mutual respect and fair play in The FAW’s National Leagues
- Partnership comes as 71% of people in the UK say disrespect has grown over last two years
20 Aug 2020
Nationwide rolls out Apple Business Chat to provide additional support to members
- Apple Business Chat enables members to securely message Nationwide directly via the Messages app on Apple devices
- More than 14,000 conversations with members have been held via the service since 23 April
- Powered by global conversational solutions provider, LivePerson, new service gives members a direct line to Nationwide experts to help with a range of queries
12 Aug 2020
Nationwide helping unprecedented numbers of first-time buyers and calls on more lenders to support
- Society processing nearly a third more first-time buyer mortgages at 90% LTV than last year
- Decisions in Principle on-line have more than tripled year on year
- Nationwide one of only main lenders currently offering 90% LTV loans with unrestricted volumes
- Society issues rallying call for other lenders to support first-time buyers and re-enter 90% LTV market
05 Aug 2020
Holiday spend down 46% as Brits abandon foreign vacations in favour of UK staycations
- Nationwide customer data shows 46% drop in holiday spend compared to last year with research showing 44% have abandoned travel plans due to impact of Covid-19
- 32% will enjoy UK staycations, aiming to spend average of £480 boosting local economies
- A fifth use money saved during lockdown to treat themselves to a well-deserved break
- Analysis of Nationwide data shows spike in holiday transactions since lockdown eased
04 Aug 2020
Nationwide temporarily amends mortgage lending criteria in response to unprecedented number of mortgage applications
- Huge mortgage demand, processing a third more per day compared to pre-Covid
- Helping 1 in 4 first time buyers as only mainstream lender offering 90% LTV loans with no restriction on volumes
- Society temporarily limits lending to new self-employed borrowers to max 75% LTV
- Reassurance that fully gifted deposits permitted on loans up to 85% LTV
28 Jul 2020
Financial security plummets by 14 percent as Nationwide gives grants to help communities
- Quarterly poll of Nationwide members reveals 14 percent drop in financial security
- Optimism about future job prospects also falls by 11 percent since crisis began
- Nationwide offers grants of £10,000-£50,000 to support local UK housing projects
- ‘I stopped eating to pay my rent’: housing support directed to those most in need
23 Jul 2020
Nationwide AGM results
The results of the voting at Nationwide Building Society's Annual General Meeting (AGM) held today, Thursday 16 July 2020, at Nationwide House, Pipers Way, Swindon, SN38 1NW are detailed below.
22 Jul 2020
More than 450 savers win £100 in Nationwide's first Start To Save prize draw
- 47,318 accounts open by end of April
- 17,901 of them saved between £50 and £100 each month between April and June
- Total prize fund £45,800 with one in 39 chance of winning
- As of 30 June, 83,806 Start to Save accounts opened – all potentially eligible for October prize draw – with nearly £16m saved in total
- 52% of accounts opened by 18-39-year-olds vs 28% for all types of savings accounts
20 Jul 2020
Impact of Covid-19 shifts Britain’s attitude towards saving, major study finds
- Nationwide Savings Index reveals evolution of saving habits under lockdown
- Savings Index includes poll of more than 10,000 people across Great Britain
- 37% have saved more during Covid-19 period, rising to 45% those aged 18-34
- Half of younger savers think their savings habits will change post Covid-19
- Nationwide’s own data shows people not dipping into savings during lockdown
- Average savings buffer people think they need for future pandemic is £12,212
- As restrictions lift, Nationwide is encouraging people to continue saving regularly
15 Jul 2020
Nationwide to help as many first-time buyers as possible as it confirms rates and products across 90% LTV range
- Two, three and five-year fixed rate and two-year tracker products on offer
- Rates competitively priced from 2.49% with no set limit on numbers available
- Fee and non-fee options available to give would-be homeowners greater choice
14 Jul 2020
Nationwide helps members save on their energy bills with six-months free subscription to Switchd
Nationwide Building Society is today announcing that it will offer members six-months free subscription to Switchd (This link will open in a new window), a company that automatically switches people’s energy supplier to ensure they are always on the best deal.
13 Jul 2020
Nationwide responds to government stamp duty holiday by enhancing lending to those looking for first home.
- Nationwide increases support for first time buyers by raising lending limit to 90% Loan-to-Value (LTV) for many properties and would-be owners
- Will help more people benefit from the stamp duty freeze recently announced by government on properties up to £500,000
- Mortgages of up to 90% LTV available via Nationwide and through brokers from Monday 20 July