News

285 items found, showing page 6 of 24

19 May 2021

End of consumer hedonism? UK households reluctant to spend £180 billion of Covid savings

  • Research from UK Consumer Insight Panel shows lockdown has flipped nation’s priorities
  • UK optimism rises, but caution leads to households prioritising savings over spending
  • Despite savings made by many, 1 in 4 households see savings reduce because of Covid
  • More people shunning ‘live for today’ mantra than endorsing it for the first time in 22 years
  • Panel outlines trends they are seeing, from rising footfall and optimism to worries about finances
  • Call for government and business to encourage smarter spending that supports a green recovery, wellbeing for lowest earners and champions safety for consumers

18 May 2021

Applications open for Nationwide’s coveted community grants programme

  • Nationwide’s Community Grants Programme now accepting applications from charities and projects helping solve housing issues across UK
  • Successful applicants are awarded grants ranging from £10,000 to £50,000, decided on by Nationwide’s Community Boards comprised of Nationwide members and employees
  • Nationwide pledges to make £22m grant funding available to housing charities and organisations by 2023

17 May 2021

Nationwide launches 95 per cent Loan-to-Value mortgages with market-leading rates to help first-time buyers and home movers

  • Nationwide largest lender to relaunch 95% LTV loans outside Mortgage Guarantee Scheme
  • Market-leading rates from 3.49% with all products under 4% for first-time buyers and home movers
  • Available via brokers and direct through Nationwide to help those struggling to save a deposit
  • Follows launch of Helping Hand up to 90% LTV allowing FTB option to borrow up to 5.5x income

11 May 2021

Nationwide partners with Form3 to underpin future payment strategy

  • Nationwide has partnered with Form3 to use their platform to help deliver the Society’s future payments strategy
  • The Society’s members will be amongst the first in the UK to benefit from the cloud-native technology Form3 uses to process payments

03 May 2021

The Mortgage Works - Rental Market Review: Post-pandemic rental market outlook clouded by economic uncertainty and shifts in housing preferences

  • Private rented sector (PRS) in retreat pre-pandemic after a long period of expansion
  • Pandemic prompting more people to consider a move, particularly private renters
  • Pandemic likely to shape pattern of economic activity and housing demand in years ahead, including private rental sector

29 Apr 2021

Dogs, Dating and Dahlias: Household spend down in first quarter of 2021 but more being spent on making emotional connections

  • Nationwide Spending Report shows Q1 essential and discretionary spend down year on year
  • Essential spending down 3.4% while non-essential spending reduces 14.9%
  • Brits spending more on emotional connections vs 2020 – from dating to gardening and pets
  • Department store spending also soars as people continue to order from comfort of their home
  • Spend via mobile payments jumps by 47% due to lower cash usage; credit card spend falls 23%

26 Apr 2021

Nationwide launches cashback incentive to encourage energy efficient homeownership

  • £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

26 Apr 2021

Nationwide calls for roadmap for all new homes to be built to 'EPC-A' standard as it announces plans for one of UK's largest energy efficient housing developments

  • £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

23 Apr 2021

Gen-Z lured by Wolf of Wall Street as many invest in search of a quick return

  • 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

21 Apr 2021

Nationwide returns to accepting bonus, overtime and commission income

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.

20 Apr 2021

Nationwide helps Generation Rent become Generation Buy as Society increases max loan-to-income ratio for first-time buyers

  • 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

07 Apr 2021

Coin for Respect

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

285 items found, showing page 6 of 24