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The Latest Breaking News from Nationwide Building Society

House price growth stalls month-on-month in September

Estate agents said that there could be some re-negotiations amid a backdrop of rising interest rates, which could lead to house prices softening.

The Independent UK

Households burying heads in the sand despite being average £249 worse off each month due to rising costs

One in eight people avoid getting help and younger adults are five times less likely to seek support.

Daily Record

Fewer than a fifth of people ‘would speak to their bank about money struggles’

Only 19% of people would speak to their bank or building society if they were struggling financially, according to Nationwide Building Society.

The Independent UK

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Being bullied as a child can have a devastating lifetime impact

The research shows that nearly two in three adults still have insecurities due to the bullying they experienced in school

Wales Online

Historic Edinburgh New Town building may get roof terrace with jaw-dropping views

Permission has already been granted to turn the A-listed building - which used to house the Nationwide Building Society - into 29 new luxury apartments in the heart of the New Town.

Edinburgh Live

Consumers enjoyed summer spending before autumn price rises – Nationwide

People spent more money and made more transactions in July as they made the most of the warm weather and the start of the summer holidays.

The Independent UK

Thousands of Nationwide staff to receive £1,200 bonus payment to help with cost of living

The one-off payment will be for staff at the building society who earn £35,000 or less a year

Birmingham Post

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One in five ‘have authorised payments flagged by their bank as suspect’

Men and younger adults are more likely to have authorised payments despite them being flagged as suspect, according to Nationwide Building Society.

The Independent UK

Nationwide launches new cost of living phone hotline and aims to answer calls within 10 minutes

The Building Society has launched new support services to help 16 million customers through the crisis.

Daily Record

‘Surprising momentum’ in housing market as prices increase by 11% annually

Nationwide Building Society said it expects the market to slow in the months ahead.

The Independent UK

NatWest and Nationwide ‘make strongest gains among current account switchers’

Nearly two-thirds of current account switchers in the past year used the Current Account Switch Service.

The Independent UK

Brits slash spending on non-essentials as UK prepares for even higher costs

Households cut back on a range of non-essential outgoings in June compared with May, including spending on dating, gardening and gambling, according to a major building society.

Daily Mirror

Households cutting back across the board, says building society

Following a peak of spending in May, households were cutting back as they entered the summer period, Nationwide Building Society said.

The Independent UK

Nationwide announces new cost of living hotline for 16m customers to start next month

The building society aims to answer calls within 10 minutes.

Daily Record

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Wales Online

House price growth slows in Wales

According to Nationwide Building Society its not the UK's hottest property region either

Chronicle Live

Average house prices soar 10.6 per cent in the North East, but signs of a slowdown in the market

Property prices in the North East now more than 20% higher than at start of pandemic in 2020

Wales Online

Average UK house prices hit a new record high in June

The South West (of England) overtook Wales as the strongest-performing region in quarter two

The Independent UK

Average UK house price hits new record high but there are ‘signs of a slowdown’

The housing market has retained a surprising amount of momentum given the mounting pressure on household budgets, Nationwide Building Society said.

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The Independent UK

Households spending more on holidays, clothes and gardening, says Nationwide

There are also signs that people are using credit cards more to pay for goods and services amid rising living costs, the Society said.

The Independent UK

Nationwide offering 5% interest on current account as competition heats up

The Society has more than doubled its introductory rate from 2% to 5% and is also offering up to £125 to switch.

The Independent UK

Nationwide offers 5% interest on current account as battle for savers hots up

Competitors could follow suit, says Moneyfacts

The Independent UK

The areas of the UK with the highest house prices revealed

Property values in mainly rural areas have risen by 29% over the past five years, while those in predominantly urban areas have increased by 18%.

The Independent UK

Housing market set to slow as the year progresses, says Nationwide

Prices also increased by 0.9% month on month in May, taking the average house price to £269,914, Nationwide Building Society said.

The Independent UK

Households make fewer transactions but spending stays level as rising costs bite

Nationwide Building Society’s members made five million fewer transactions in April than the previous month, but spent a similar amount to March.

Evening Standard

Nationwide profits rocket as it tells struggling members “talk to us”

NATIONWIDE Building Society today recorded its best results since it was founded in 1884 and insists it is in a strong position to help members struggling with the cost of living.

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