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BIZARRE: 5 | Mind Blowing Facts

Black Friday spending jumps over a tenth despite quieter high streets

Nationwide building society said that, as of 2pm on Friday, its customers had made 5.24 million transactions.

The Independent UK · Nov 29, 2024

Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit’ customers

The building society said the value of Virgin Money, which it acquired in October, was well above the £2.8 billion takeover price.

The Independent UK · Nov 27, 2024

£66,000 average house price premium ‘to buy home in National Park’

Homes within 5km of a National Park command a price premium of £18,700 on average, Nationwide Building Society said.

The Independent UK · Nov 16, 2024

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Major lenders hike some mortgage rates despite fall in base rate

The changing outlook for interest rates and rises in swap rates which are used to price home loans have had an impact, some experts said.

Evening Standard · Nov 12, 2024

Millions of overdraft users ‘could benefit from new zero-interest buffer’

The buffer, for borrowing of up to £50, will be launched from Wednesday, Nationwide Building Society said.

Evening Standard · Nov 11, 2024

More than seven in 10 dementia clinic appointments booked by women – Nationwide

Free clinic appointments in Nationwide branches are available for anyone affected by dementia, including family members and carers.

Evening Standard · Oct 24, 2024

Nationwide Building Society will offer bigger 0% loans for green retrofitting

The society will offer interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient.

Evening Standard · Oct 23, 2024

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Housing market ‘is reviving’ amid growth in house prices and mortgage approvals

Figures released on Monday showed a two-year high in annual house price growth and mortgage approvals for house purchase.

The Independent UK · Sep 30, 2024

Why are London's house prices rising faster than they have in years?

The average UK house price increased by 3.2 per cent annually in September, Nationwide Building Society reports

Evening Standard · Sep 30, 2024

Fastest annual house price growth in around two years recorded in September

The average UK house price increased by 3.2% annually in September to reach 2% below all-time highs, Nationwide Building Society said.

The Independent UK · Sep 30, 2024

First-time buyers can borrow six times income under major lender’s shake-up

Nationwide Building Society is also cutting rates and increasing the maximum amount that people can potentially borrow from Tuesday.

The Independent UK · Sep 23, 2024

How to find the best student bank account for you

A finance expert explains how to help navigate the maze of student accounts on offer.

The Independent UK · Aug 9, 2024

Nationwide Building Society branches to offer dementia clinics

People will be able to book free clinic appointments in branches, the society said.

The Independent UK · Aug 5, 2024

Annual house price growth reaches fastest rate since December 2022

Nationwide Building Society said UK house prices rose 0.3% month-on-month in July.

The Independent UK · Aug 1, 2024

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The Independent UK · Jul 23, 2024

Britain’s biggest building society reintroduces sub-4% fixed mortgage rates

Comes amid expectations that the Bank of England base rate will start to be cut soon

Evening Standard · Jun 13, 2024

Virgin Money profits edge up ahead of Nationwide deal

Nationwide members to the competition watchdog in bid to stop deal

Evening Standard · May 31, 2024

Nationwide faces competition inquiry over Virgin Money deal

Nationwide Building Society’s controversial £2.9 billion takeover of Virgin Money hit a potentially serious hiccup today when the Competition and Markets Authority launched a probe into the deal.

The Guardian - UK · May 31, 2024

Eurozone inflation jumps to 2.6%; UK house prices rebound; US PCE index lifts rate cut hopes – as it happened

Rolling coverage of the latest economic and financial news

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Evening Standard · Apr 18, 2024

Court case could disrupt Nationwide's takeover of Virgin Money — let's hope it does

City Comment: Virgin Money shareholders get a vote, why don’t Nationwide members?

Evening Standard · Mar 7, 2024

‘Missed opportunities’ to help first-time buyers in the Spring Budget 2024

First-time buyers will be disappointed that some changes were not made in the Budget, some commentators said

Evening Standard · Mar 7, 2024

Nationwide swoops on Virgin Money in controversial £2.9 billion deal

Deal lands £414m windfall to Richard Branson’s Virgin Group

The Independent UK · Jan 3, 2024

Nationwide Building Society ATM cash withdrawals rise for second year in a row

Some 31.36 million cash withdrawals were made from Nationwide’s network of more than 1,200 ATMs in 2023.

International Business Times UK · Dec 11, 2023

Decline in UK Mortgage Rates Spurs Optimism for Homebuyers and Remortgagors

The United Kingdom has witnessed a notable drop in the average cost of a two-year fixed-rate mortgage, falling below six per cent for the first time in nearly six months.

The Guardian - UK · Dec 8, 2023

Nationwide Building Society puts 470 staff on redundancy notice

Cuts mainly at HQ, retail and mortgage divisions come days after ‘return to the office’ policy emerged

The Independent UK · Nov 25, 2023

This year’s Black Friday ‘busiest shopping day on record’ – Nationwide

Nationwide members made 9.92 million purchases on Friday, which the bank said is equivalent to more than 114 transactions every second.

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