News

• Reductions of up to 0.36 percentage points across first-time buyer, home mover and remortgage ranges
• Nationwide’s lowest rate now 4.35% for new and existing customers looking to move home

• 66% of first-time buyers bought a cheaper home because it needed DIY or renovation work done.
• Many choosing a ‘fixer-upper’ were able to buy in their preferred location, add value and put their stamp on it.
• DIY almost mandatory among first-time buyers, with 93% completing at least one project since moving in.
• But three quarters of first-time buyers have carried out more work than they expected at the outset.
• Nationwide’s recent ‘What Adds Value’ report reveals extensions or loft conversions can add up to 24% value.
• By borrowing more through Nationwide’s Helping Hand mortgage boost, Louis from Essex was able to keep money back from deposit to finance renovation costs.

• North of England attracts largest price and rental premium for more energy efficient buy-to-let properties.
• With potential value added to house prices, coupled with higher rents, the majority of landlords in the Midlands and North likely to recoup the initial investment within five years.
• Pre-1919 properties make up nearly a third of the private rented stock and the cost to upgrade those properties to EPC band C is c£10,700. This compares to just £2,500 for a property built between 2003 and 2013.
• Terraced properties make up a third of England’s private rented sector properties and will require around £7,900, on average, to improve them to an EPC ‘C’ rating.
• 51% of private rented stock in England now rated A to C, up from 25% ten years ago.
• Property rated A or B attracts a significant premium of 12.2%, compared to a similar property rated ‘D’ (up from 10.9% in 2024).
• Rental premium of 8.1% for A or B rated property (compared with similar D-rated property), equivalent to c£85 per month (up from £70 per month in 2024).

The Mortgage Works is from tomorrow (Wednesday 29 April) cutting rates for existing customers by up to 0.20 percentage points across its buy-to-let and Houses in Multiple Occupation (HMO) ranges.

In addition, selected two and five-year fixed rate products up to 75 per cent Loan-to-Value (LTV) for new customers will be reduced by up to 0.10% across the limited company buy-to-let range.

• Customers can now pay into their account at more than 3,000 PayPoint locations
• Service complements Nationwide’s branches - the UK’s largest single brand network
• Members can deposit up to £300 a day, with funds showing in accounts within minutes
• Partnership supports Nationwide’s commitment to access to cash and communities

• Nationwide’s analysis of 50 cases finds sextortion scammers zeroing in on young men
• High school and university students targeted on average nearly twice a week (seven times a month) according to research
• They also admit to sharing intimate images (17%) and over a quarter (26%) private information
• 71% of 16-24s are the most worried about younger people sharing images vs 61% of all ages
• 22% of high school and secondary or university students have been scammed and find scams harder to spot
• Sextortion explainer and red flags to watch out for

• Reductions of up to 0.25 percentage points across fixed rate range for new and existing customers
• Nationwide’s lowest rate now 4.50% for new and existing customers looking to move home

• UK Youth Poll 2026 uncovers challenges faced by young people across the country 

• Separate Nationwide poll highlights rising financial anxiety among 18–29-year-olds 

• Despite challenges, young adults remain optimistic about life, with focus on future  

The Mortgage Works is tomorrow (Wednesday 22 April) cutting rates by up to 0.20 percentage points on selected buy-to-let and let-to-buy products across its new business mortgage range.

29 is the age house sharing becomes ‘embarrassing’ but 11% still do it, according to new Nationwide research

• That equates to 27 million admitting they have felt embarrassed about their living situation
• With 69% saying living alone is unaffordable, it’s no surprise the average age of those in house shares is 35
• From moving home (12%) to living with an ex (10%), as many as one in 10 Brits are forming ‘rally households’ to cut costs
• However nearly half (46%) say these setups have negatively affected their relationships
• From setting small savings goals and maximising ISA allowances to using tools like Nationwide’s budget builder and app, there are plenty of ways Brits can start boosting their finances

• Nationwide to trial specialist Admiral Nurses across Virgin Money branches in Northern England and Scotland
• Over 5700 appointments booked in Nationwide branches since Dementia UK partnership began in 2024 – highlighting demand
• Nationwide aims to roll out clinics to more of Virgin Money’s 91 branches, following trial and depending on demand
• Follows introduction of UK’s first dementia training programme co‑produced with expert dementia Admiral Nurses and Nationwide