News

• Over 12 million eligible members will receive £50 each in a one off ‘Big Nationwide Thank You’
• Nationwide’s financial strength, which its members helped build, allowed it to acquire Virgin Money
• Latest way Nationwide is showing its mutual difference by returning greater value to its members
• Nationwide also hopes to announce an additional 2025 Fairer Share Payment in May, depending on financial performance

From 31 March 2025, Nationwide will withdraw its current market leading¹ switching incentive², which pays £175 to those switching their current account.

• For existing customers switching to a new deal and new customers remortgaging, rates start from 3.99%

The Mortgage Works will be reducing rates by up to 0.35 percentage points across selected buy-to-let products for existing customers with the new rates effective from tomorrow, Thursday 27 February.

Youth homelessness in the South West has increased 58 per cent in the past year, compared to a 10% national average increase, new data from national charity Centrepoint reveals.

Nationwide has lent to more first-time buyers than any other bank or building society in the UK by prioritising those looking to get on the housing ladder. 

Effective from tomorrow, Friday 21 February, Nationwide Building Society will be reducing selected rates by up to 0.33 percentage points, with rates now starting from 4.09%. The new rates include:

Nationwide Building Society is today (14 February 2025) launching new Two-Year Fixed Rate Online Bonds, Fixed Rate Branch Bonds and Fixed Rate Cash ISAs.

From tomorrow Friday 14 February, The Mortgage Works will be reducing rates by up to 0.50 percentage points across its Limited Company range for new and existing customers.  

• Nationwide also reducing selected rates for new and existing customers looking to move home

• Research from Nationwide finds that 43% of Brits considered going away without travel insurance
• Top ten risky activities include watersports, skiing, quad biking, bungee jumping and skydiving
• £1.2k average cost of a declined claim– with 76% declined due to undeclared condition or no upgrade
• People aged 35-44 most likely to travel without travel insurance, with those aged 18-24 least likely

• 36% of people admitted telling white lies about themselves, poll from Nationwide reveals
• Top 10 fibs include old and edited photos, exaggerating salary, musical tastes and height
• But just over 1 in 10 (11%) not confident they could spot a romance scam while 44% would ignore red flags when meeting up with someone they met online
• Nationwide reveals the scammer behaviours to look out for this Valentine’s Day
• Members worried about a potential scam can use Nationwide’s Scam Checker Service