News

• Nationwide’s FlexStudent’s offer is back - 12 months of Just Eat vouchers worth £120, and £100 cash payment, available on accounts opened from 15 July
• FlexStudent also offers interest-free, fee-free overdrafts up to £3k and commission-free purchases & withdrawals abroad
• Nationwide won 48% of UK’s student accounts and served up over half a million (528,000) takeaways to freshers
• New Limited edition card designs – three colours, issued at random (images available)

• Proposed capital reforms would provide over £40bn of potential new lending for mortgages and businesses
• Review of leverage ratio framework would support economic growth while maintaining resilience
• More proportionate rules would better reflect the low-risk nature of building society lending

• New polling shows urgent crisis facing low-income families during weeks without school support, and how parents are likely to borrow to cover costs.
• Without school safety net around two-thirds of parents polled are concerned about paying essential bills, childcare costs or children’s activities this summer.
• Around half are likely to use Payday loans; extend an overdraft; or sell something to cover costs with many saying the most likely use of funds is to buy food.
• Action for Children’s Family Clubs Programme, funded by Nationwide, offers a lifeline for families in poverty, particularly during the summer break.
• Nationwide’s Better Off Indicator identifies over £100 million in annual unclaimed benefits since launch in June 2025 and is available for anyone to use.

Nationwide is today pleased to announce the appointment of Kim Dickinson as its new Lead Product Manager for Intermediaries, further strengthening its intermediary relationships team at a time of continued focus on supporting the broker community.

• Rate cuts of up to 0.19 percentage points across Nationwide’s fixed rate mortgage range
• Selected tracker mortgage rate cuts by up to 0.12 percentage points
• First-time buyers, home movers and those looking for a new mortgage deal will benefit from these latest cuts

The Mortgage Works will be reducing rates by up to 0.25 percentage points across selected buy-to-let and limited company buy-to-let products for existing customers. The new rates will be effective from tomorrow, Saturday 27 June.

The Mortgage Works is cutting rates (effective from tomorrow, Friday 26 June) by up to 0.25 percentage points on selected one, two and five-year fixed rate products. This is the third time that The Mortgage Works has cut rates for customers this month.

• Reductions for new and existing customers across first-time buyer, home mover, remortgage and switcher ranges
• Third time that Nationwide has cut mortgage rates in June
• Nationwide’s lowest fixed rate now 4.19% for new and existing customers looking to move home

Commenting on the reforms to the homebuying process announced by the government, Henry Jordan, Nationwide’s Group Director of Mortgages, said:

• 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

The Mortgage Works is, from tomorrow (Wednesday 17 June), cutting rates by up to 0.26 percentage points on selected two, three and five-year fixed rate products for new and existing customers.