News

• Over half of 16-28s have used a teapot in the last week and 74 per cent say tea is essential to their lives
• Gen Z also prefer tea over coffee, juice and energy drinks as the first drink of the day, poll from Nationwide shows
• Research marks specialist Dementia UK’s ‘Time for a Cuppa’ fundraising event - encouraging people to talk and connect over tea
• 77% say a cuppa could help with loneliness and 84% more likely to have a tea with older relatives if it would comfort them
• Interviews available with influencer Orla Phipps, who supported her late grandmother with Alzheimer’s and Hannah Gardner, Consultant Admiral Nurse for Children and Young people at specialist dementia nursing charity Dementia UK

Nationwide Building Society has today announced a new partnership with The Royal Marsden Cancer Charity, as part of its social impact programme - Nationwide Fairer Futures. The partnership will support vital cancer research.

The Mortgage Works will be lowering rates on selected two and five-year fixed rate products across its buy-to-let, limited company buy-to-let and let-to-buy mortgage ranges – with rates starting from 2.99%.

• Nationwide reducing rates for existing customers switching to a new deal or new customers remortgaging by up to 0.29 percentage points
• Nationwide offers market-leading 3.94% rate for new customers looking to remortgage, with a £1,499 fee
• Switcher rates for existing customers start from 3.94% but with a £999 fee
• Follows earlier rate cuts for first-time buyers and home movers on Wednesday

• Nationwide cutting rates by up to 0.25 percentage points
• For new and existing customers looking to move home, rates start from 3.89%
• Rates starting from 4.09% for first-time buyers

The Mortgage Works has boosted its support for limited company landlords by removing the need for all mortgage applicants to be directors.

• Tea is the most popular first drink in the morning, with over one in five Brits having at least five cups a day 

• Poll from Nationwide marks Dementia UK’s ‘Time for a Cuppa’ - encouraging people to talk and connect over tea 

• 65% of Brits would use tea as a remedy for comforting others, while 56% have used it to check in on older relatives 

• While milk ‘first or after’ debate rages on, Gen Z bring back the humble teapot from the brink of obscuri-tea 

• David Attenborough top tea date followed by Prince & Princess of Wales; Tom Holland most popular with Gen Z 

The Mortgage Works is tomorrow (Thursday 17 April) cutting rates on selected two and five-year fixed rate products across its mortgage range.

• New data shows how #sunshineguilt spending shot up in warmest March in 115 years
• Nationwide data shows gardening spend in March up 95% compared to February, and up 26% year on year
• DIY spending was up 17% compared to February, and up 7% versus March last year
• March also ushered in an increase in holiday and airline spend - up 15 per cent compared to February and up 9% on March 2024

• The Money and Mental Health Policy Institute has awarded Nationwide an advanced rating through its Mental Health Accessible programme for essential services firms.
• Nationwide is the first building society to gain this rating - which is the second of three levels firms can achieve through the programme.
• This follows a comprehensive review by the charity assessing the accessibility of their services for customers with mental health problems.
• The award recognises the tangible steps Nationwide has taken to support its customers with mental health problems, and the progress it has made after working with Money and Mental Health to make their services more accessible.