News
20 Jul 2021
Nationwide launches sub-1% five-year fixed mortgage as it cuts rates by up to 0.40%
- Five-year fixed at 60% LTV at 0.99% with £1,499 fee – available to home movers and remortgages
- Society gives further choice to homebuyers with introduction of new three-year fixed rate range with rates aligned to Society’s two-year products
- Selected two and five-year fixed rate products for home movers, first-time buyers and those remortgaging reduced by up to 0.40%
15 Jul 2021
Energy bills would need to rise by £56 a month before average Brit invests in making home greener
- Research from Nationwide highlights interest in green but lack of knowledge or action
- Urgent need to green homes – despite half of Brits saying they are environmentally friendly
- 53% don’t know what CO2 means, 75% what net-zero means and 90% what EPC means
- Nationwide’s £1 billion loan fund is available for borrowers to green their homes
30 Jun 2021
The Mortgage Works returns to lending at 80% LTV and introduces range of no fee mortgages
The Mortgage Works (TMW) is returning to lending at 80% on its buy to let, let to buy, large portfolio and limited company range of mortgages after withdrawing from the market at the height of the pandemic.
30 Jun 2021
Nationwide calls for collective action as it commits to a net zero future
- World’s largest building society pledges to go net zero by 2050 and joins the Net-Zero Banking Alliance
- Nationwide will publish science-based targets on achieving intermediate 2030 goals over the next 18 months
- Society is calling for significant collective action to help communities reach net zero goals
29 Jun 2021
Nationwide further reduces rates by up to 0.35%
Nationwide Building Society will be reducing selected fixed and tracker rates across its range by 0.35 percentage points from 30 June 2021.
28 Jun 2021
Nationwide launches new Illness and Injury insurance aimed at self-employed and those on zero-hours contracts
- New cover aimed at giving protection at a time many have found themselves unable to work
- Covers income up to a maximum of £2,000 a month for up to 12 months and is paid monthly
- Research reveals 51% of under 35s say income protection more important since pandemic
17 Jun 2021
The Mortgage Works reduces selected buy to let rates and launches new two and five year products
On Friday 18 June, The Mortgage Works (TMW) is reducing selected five-year fixed rate buy-to-let remortgage rates by up to 0.30%.
17 Jun 2021
Nationwide reduces selected fixed mortgage rates by up to 0.16%
Nationwide Building Society will be reducing selected two and five-year fixed rates across its range by 0.16 percentage points from 18 June 2021.
16 Jun 2021
Nationwide expands investment offering to members launching new model portfolio investment
- 33 funds available in the Model Portfolio, carefully selected by Nationwide’s investment experts
- Those investing into Model Portfolio must put in at least £40,000
- Model Portfolio will work to achieve higher returns than inflation and deposit accounts
- Forms part of Society’s wider investment offering, which is offered via Aegon
14 Jun 2021
Product update: Fixed rate and triple access accounts
On Friday 11 June 2021, Nationwide will be launching a new two-year Fixed Rate ISA and Fixed Rate Bond, while also launching new issues of the Society’s one-year fixed rate products and 1 Year Triple Access Online Saver.
07 Jun 2021
Stadium fillers: More than half of Brits to attend live events as end of lockdown nears
- More than half of Brits plan to attend at least one big event post-lockdown, poll shows
- Average person to spend £65 each on tickets, plus additional £103 on other expenses
- Nearly eight in 10 buy tickets online, but two-thirds worry about risk of online fraud
- Stronger security measures for cards requires customers to keep contact details up-to-date
- Former footballer Teddy Sheringham comments about fans wanting to get back into stadiums
02 Jun 2021
Nationwide launches 0.99% mortgage as it cuts rates for first-time buyers and home movers by up to 0.20%
- Two-year fixed rate at 60% LTV at 0.99% - available for remortgage with £1,499 fee
- Selected first-time buyer and homeowner rates reduced by up 0.20%
- Follows launch of Society’s lowest ever further advance rate: 0.75% for Green Additional Borrowing