News

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.

• Reductions of up to 0.28 percentage points across first-time buyer, home mover and remortgage ranges
• Nationwide’s lowest rate now 4.29% for new and existing customers looking to move home

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 research shows 23% of people say global events have already impacted holiday plans[1]
• 28% have delayed holiday decisions while 15% have cancelled trips
• 23% booking UK vs abroad, 17% choosing cheaper trips and 15% switching to day trips
• Nationwide data shows a -1.2% fall in average holiday spend year-on-year, highlighting a shift towards more cautious spending[2]