Nationwide Media Centre

• Free assessments with Eco Approach to help landlords identify what improvements need to be done
• The Mortgage Works launches new Further Advance products with discounted rates to help finance costs
• Two and five-year products available; both at 2.99% – around 2% cheaper than standard further advances
• Comes as research shows landlords would welcome help understanding what to do and how to finance it
• The Mortgage Works’ latest report suggests green improvements can add value & enhance landlord returns

Hannah Bernard, Director of Business Banking at Nationwide, has been appointed a Commander of the Order of the British Empire (CBE) in this year’s King’s Birthday Honours.

• Nationwide all but completes Fairer Share payments in first day of rollout
• Around 4.4m eligible members with a current account and qualifying savings or mortgage receive £100
• Nationwide research shows how Brits would spend £100: 16% on a big food shop, 13% saving for a holiday and 13% setting it aside for holiday spending money

• Nationwide to become the UK’s biggest group branch network from 4 June
• The 696-branch network includes 605 Nationwide and 91 Virgin Money branches
• Nationwide has pledged in November to keep every single branch open until at least 2030
• Last year, Nationwide supported 6.7m unique branch users and was responsible for 57% of all UK branch-based product openings, with its branch current account sales up 21%
• Nationwide continues to invest in branches and digital service as part of offering customers choice in banking

• 66% of first-time buyers bought a cheaper home because it needed DIY or renovation work done.
• Many choosing a ‘fixer-upper’ were able to buy in their preferred location, add value and put their stamp on it.
• DIY almost mandatory among first-time buyers, with 93% completing at least one project since moving in.
• But three quarters of first-time buyers have carried out more work than they expected at the outset.
• Nationwide’s recent ‘What Adds Value’ report reveals extensions or loft conversions can add up to 24% value.
• By borrowing more through Nationwide’s Helping Hand mortgage boost, Louis from Essex was able to keep money back from deposit to finance renovation costs.