News

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.

• 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.