News

Nationwide Building Society’s Oakfield development in Swindon - one of the UK’s largest energy-efficient housing projects - has landed a prestigious housing award in recognition of its community-centric design.

• Rates on selected mortgages reduced by up to 0.17% from Wednesday 29 September
• Selected shared equity mortgage rates also reduced by up to 0.35%
• New rates ensure Society remains highly competitive for all types of borrowers

• New Scam Checker service allows members to check a payment they may be worried about 
• Promise to refund those who go on to be scammed after being given the green light 
• Analysis suggests 65% of scams could be identified and stopped by speaking to someone first 
• Society campaigns for improved Online Safety Bill and enhanced code to protect scam victims

Nationwide is touring the UK in a specially kitted-out van that will give those not used to banking online a helping hand at a time digital transactions continue to soar.  

• Money worries make third of students consider opportunity to make easy money, even if suspicious
• Nearly a third of students would allow someone else to use their account/transfer money for them
• Two thirds of students don’t know what a money mule is (vs UK average: 56%)
• Only half of students would tell the police if approached to be a money mule

Nationwide Building Society will be reducing two and three-year fixed rates at between 75% and 95% Loan to Value (LTV) by up to 0.17 percentage points from 17 September 2021

Nationwide is touring the UK in a specially kitted-out van that will give those not used to banking online a helping hand at a time digital transactions continue to soar.

• Brits are generous according to new research, with eight in ten prepared to share prize money with others
• Coincides with monthly £1 million Member Prize Draw with rewards ranging from £100 to £100k
• Three quarters more appreciative since pandemic, with more donating time and money to charity
• Eight in ten say companies should give back to customers and are more inclined to use those that do

Nationwide Building Society will be reducing selected fixed and tracker rates across its range by 0.40 percentage points from 3 September 2021 – a move that will see the Society launch its lowest ever mortgage for new lending, with rates starting from 0.87 per cent.

• More than a third of landlords lacking confidence they can improve their properties to EPC ‘C’
• Property constraints, access and disruption key challenges facing landlords to making changes
• Lack of finance also key issue; 14% will need to spend all their annual rental income, plus more
• TMW offers Green Further Advance at 1.49% - up to 50% lower than normal further advance rates

• 13 leaders from across the housing, construction, financial services and energy sectors call for urgent government action to create a long-term funded strategy to green homes
• Collective action and shared ambitions are essential to make progress on the issue of our time
• Seven critical areas identified which are necessary to unlock the action required to fully decarbonise UK’s homes by 2050