News
16 Apr 2024
Life Starts At 40: One In Five Expect To Wait Until At Least Their Forties Before Owning A Home
- Nationwide poll reveals 84% agree cost-of-living has impacted purchase of first property
- Deposit and ability to afford mortgage payments act as major hurdles, with more than half willing to relocate to afford a home
- Nationwide offers a range of options and support to help people into their first home
- Britain’s biggest building society calls on government to boost homeownership as it prepares to publish Housing White Paper alongside Building Societies Association
25 Mar 2024
The Mortgage Works reduces rates
The Mortgage Works (TMW) will be reducing rates on selected buy-to-let and limited company products by up to 0.40 percentage points. The new rates will be effective from Tuesday 26 March.
21 Mar 2024
Nationwide Building Society confirms offer for Virgin Money UK PLC and extends Branch Promise
- Deal to deliver greater value to Nationwide members and access to wider range of services over time.
- Branch Promise extended by two years.
19 Mar 2024
Nationwide launches new fixed rate ISAs
Nationwide Building Society is today (19 March 2024) launching new issues of its Fixed Rate ISAs.
18 Mar 2024
Nationwide Launches British Sign Language Service As It Increases Access to Financial Services for Deaf People
- Website translation service comes as Sign Language Week begins in the UK
- Enhances support Nationwide offers Deaf customers in branch and contact centres
- Just 6% of financial services firms1 offer websites in British Sign Language (BSL)
- Deaf charities call for greater awareness of BSL as a recognised UK language
- BSL is the primary language of 87,000 of UK’s Deaf population
04 Mar 2024
The Mortgage Works Improves Affordability Criteria
The Mortgage Works is tomorrow (Tuesday 5 March) reducing its Interest cover ratios (ICR):
- For higher rate taxpayers, the ICR reduces from 165% to 160%
- For Limited Company and lower rate taxpayers, the ICR reduces from 130% to 125%
04 Mar 2024
Nationwide Urges Government To Boost Homeownership Ahead of Spring Budget
- Asks include a market-wide review, reintroduction of Help to Buy ISA, stamp duty reform and an increase in higher loan to income lending
01 Mar 2024
The Mortgage Works Urges Government To Support Landlords For A Stronger Private Rental Sector
- The Mortgage Works calls on Government to introduce four measures to build a stronger private rental sector
27 Feb 2024
Nationwide - Windsor’s ‘one and only’ branch - launches new community fund that donates £200 for every new account opened
- Windsor’s last banking branch, Nationwide, supports community by funding a community-driven initiative up to £10,000
- It will add £200 into a community fund for every new current and savings account opened by local people
- Residents to decide how the fund is spent in the town by voting on three options put forward locally
- Launched by Windsor pop icon and fellow ‘one and only’, Chesney Hawkes, at live performance in branch