News

• Mortgages withdrawn from sale online and via brokers as Society focuses on supporting existing members at difficult time
• Nationwide and TMW offering enhanced measures to support existing mortgage applications
• Measures include mortgage offer extensions and alternative valuation methods

• Measures aimed at ensuring progress on existing Nationwide and TMW applications
• Covers existing new home purchase, remortgage or additional borrowing applications
• Nationwide and TMW to allow three month mortgage offer extensions on case-by-case basis
• Customers should only request an extension within 30 days of offer expiring
• Valuations to continue using automated valuation model and remote desktop where possible

• Comprehensive online resource provides payment breaks during coronavirus outbreak
• Credit cards, loans, overdrafts as well as residential and Buy-to-Let mortgages included
• Nationwide emphasises need to support people in the simplest way at an unprecedented time
• Society urges people to go online in order to free up phone lines for elderly and vulnerable

• Society passes on full 0.15% Bank Rate decrease to existing variable rate borrowers
• Nationwide re-introduces two-year tracker mortgages to range

• Core hours for most branches now 10am-2pm Monday to Friday and 9am-12pm on Saturdays
• Nationwide keeps the majority of its 650-strong branch network open with around 50 closed
• Society implements controls around numbers in branches so two-metre distance is maintained
• Early opening hours trial ends following govt advice urging people to stay home unless essential

Nationwide Building Society is today launching new issues on a number of its on-sale savings accounts in response to the changing savings market.

U K Insurance Limited, which underwrites Nationwide Building Society’s travel insurance, has confirmed that all trips booked on or from 12am, Wednesday 18 March, will not be covered for cancellation costs or any element of the trip where the cause of the claim is related to coronavirus.

• Our branches open hour early for older people and those with underlying conditions
• We're testing new operating hours in more than 100 branches across UK
• Branches will open to wider membership from usual opening times
• We encourage you to sign up to online and mobile banking as more stay home

• Society passes on full 0.50% Bank Rate decrease to mortgage rates following change
• Nationwide currently considering impact of Bank Rate change on its variable savings rates
• Move follows a range of measures to support members financially impacted by coronavirus

• Society offers range of support measures for those who find themselves in financial difficulty
• Move part of Nationwide’s continued work to address financial wellbeing at difficult times

• New mortgage loans offer reductions of up to 0.69% to help encourage people to greenify homes
• Rates start from as low as 1.00%, with members able to borrow between £5k and £25k
• Forms part of Society’s £1 billion pledge to reduce carbon footprint of UK homes
• Nationwide is also reducing rates on selected two, three and five-year fixed rate mortgages

• New ISA prize draw will offer ten chances to win £20,000 – equivalent to annual ISA limit
• Additional chances to win with further prizes of £10,000 and £5,000 on offer to savers
• Members simply need to increase their Nationwide ISA balance by £100 by 30 April to enter
• Prize draw forms part of Nationwide’s efforts to get the nation saving
• Society launches new issue of Triple Access Online ISA paying competitive 1.21%