News

• Free calculator – helping people discover unclaimed benefits
• Helps 11,000 households identify £75m in unclaimed benefits – equating £560 a month since launch in June 2025
• Nationwide is the first financial provider to also offer the service over telephone – addressing digital exclusion
• Calls on government to make it easier to access unclaimed benefits

The Mortgage Works is tomorrow (Saturday 24 January) cutting rates by up to 0.20 percentage points on selected one, two and five-year fixed rate products across its new business mortgage range. The Mortgage Works’s lowest buy-to-let rate now stands at 2.29%.

• Nationwide enhances support for people looking to move up the property ladder or get a new mortgage deal
• Five-fold increase in Nationwide loans to first-time buyers at or above 5.5x income in 2025, compared to 2024
• Increased first-time buyer support follows regulatory changes to improve affordability

• Nationwide extends interest-free balance transfer offer to 30 months – now six months longer 

• New offer will be available from 21 January 2025 online, on the phone and in branch 

• Nationwide also continues to offer its combined purchase and balance transfer credit card deal, offering 0% interest on purchases and 0% interest on balance transfers for 15 months  

• The balance transfer fee for these offers remains at 2.99% (minimum £5) per transaction 

The Mortgage Works is tomorrow (Saturday 17 January) cutting rates by up to 0.15 percentage points on selected two, three and five-year fixed rate products across its mortgage range for new and existing customers.

• Rate reductions of up to 0.20 percentage points for new and existing customers
• Nationwide’s lowest rate now 3.50% for new and existing customers looking to move home

• Nearly 6 in 10 (57%) say suspicious calls are getting more frequent, receiving 8 a month on average⁽¹⁾
• Impersonation scams account for 17 per cent of all scams reported at Nationwide during 2024 and 2025, with those aged 65-plus disproportionately affected (55%)⁽²⁾
• New Call Checker feature confirms callers are speaking to Nationwide and builds on its existing Scam Checker service, used by 100k people, preventing £300k a month
• Just under 3 in 10 (28%) have received a scam call, rising to 44 per cent of those aged 25-34
• Self-confidence low as 28 per cent aren’t confident spotting a genuine call from their bank or building society
• 25% of younger people (25-34) would call back an unknown number – a risky move scammers rely on

• Holidays, festivals, concerts and wellness top the 2026 list as Brits swap big-ticket buys for memorable moments
• Over a quarter put off ‘big’ purchases such as a car or large-scale renovations and 15% are worried about unexpected expenses
• Eating out and fashion take a hit as households cut non-essentials and turn to second-hand shopping and home cooking

• Cash withdrawn from branch ATMs hit £4.2bn in 2025, surpassing 2017 high of £4bn
• Cash usage rises for fourth year in a row - nearly 35m withdrawals made from Nationwide ATMs(1)
• 13% of Brits – equivalent to 7m – say paying in cash makes saving easier, Nationwide poll shows(2)
• Withdrawals by non-customers up 6% - highlighting impact of bank branch and ATM closures 
• Nationwide ATMs in East Anglia and Essex, The Shires and South London see biggest rises in withdrawals