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The Latest Breaking News from Nationwide

An Austin homeowner with no claims in over a decade paid $3,000 to trim trees after aerial photos put her insurance renewal at risk

Texas homeowners are increasingly finding that insurance companies are using aerial images of their properties to assess risks and decide whether to renew policies. Insurers use satellite, aircraft and third-party imagery, with some companies using AI to analyse roofs and identify possible damage. While insurers say the technology is faster…

The Times of India

'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years

Time to get the band back together and get on the skateboard. It's a retirement plan from a thrift store.

Fortune

House prices edge higher in July amid ‘soft’ market, says Nationwide

Nationwide Building Society said house prices edged 0.1% higher month-on-month to £277,542 in July

Evening Standard

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UK house prices up just 0.1% in July as buyers remain cautious on interest rates

Price of average home now £277,542, up from £277,484 the previous month but lower than in May, says Nationwide

The Guardian - UK

A victory for Nationwide’s board – but members still deserve stronger voting rights

Building society rules need an overhaul if ballots on executive pay are non-binding and huge takeovers don’t require approval

The Guardian - UK

Nationwide customer vows to fight on after failed attempt to join board

James Sherwin-Smith says he will launch fresh campaign for change at the building society after losing vote at AGM

The Guardian - UK

Nationwide to unlock £40bn mortgage and business lending with key Mansion House rule change

Exclusive: UK’s biggest building society and second-largest mortgage lender to benefit from changes to cash reserve rules

The Independent UK

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‘Everything’s so expensive I can’t even take my child to the seaside this summer’

Tackle the cost of living crisis for children, incoming prime minister Andy Burnham is told

The Independent UK

Major bank to make Glasgow its Scottish HQ with office for 3000 staff

Nationwide is taking on five floors to create a hub for 3000 staff.

The National (Scotland)

Zapp's and Dirty Brand Chips Just Received the FDA's Highest Possible Recall Level Over Possible Salmonella Contamination

FDA upgraded Zapp's and Dirty chip recall to Class I — its highest risk level — over possible Salmonella in dry milk seasoning. 650,000+ bags affected nationwide. Here's what to check.

Medical Daily

Hundreds of jobs at risk as John Lewis announces closure of in-store services

Desks offering gift wrapping and bureau de change stations will be closed at dozens of stores nationwide

The Guardian - UK

Nationwide named best brand for customer service in UK

IN FULL

The Independent UK

Nationwide named UK’s best brand for customer service as banks overtake retailers for first time

John Lewis and First Direct also strong performers

The Independent UK

Banks and building societies leapfrog retailers in customer satisfaction index

Retail has traditionally led sectors for customer satisfaction since the UK Customer Satisfaction Index was launched in 2008.

Evening Standard

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The Guardian - UK

UK house prices stall for second straight month as agents warn of summer slump

Average price of typical home little changed at £277,484 in June, says Nationwide, while housebuilder shares fall

The Independent UK

Annual UK house price growth picked up in June, says Nationwide

Some recent trends could help to restore household confidence and ease affordability constraints, the building society said.

The Guardian - UK

US Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened

Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators

The Guardian - UK

Nationwide to cut 600 jobs in first redundancies after takeover of Virgin Money

Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are merged

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The Independent UK

What we know as major lenders cut mortgage rates again

IN FULL

The Independent UK

Nationwide makes third cut to mortgage deals – with more lenders tipped to follow

Act now if you are due for a renewal - most lenders let you change to a better deal later

The Independent UK

The key rating most Brits believe will be important when buying a house

‘Buyers increasingly look for a minimum of an EPC C rating,’ a property analyst has said

Evening Standard

77% of homeowners ‘think EPC rating will be important when moving home’

Nationwide found that 69% of homeowners believe that EPC ratings and energy efficiency matter more now than when they bought their home

Evening Standard

More mortgage rate reductions to be made as wave of cuts continues

Nationwide Building Society is making a range of reductions, with several other lenders also having made cuts to their mortgage rates in recent days

Evening Standard

Virgin Money rolls out domestic abuse safe spaces across 42 branches

The rollout of safe spaces across the Virgin Money branches will bring the total number across Nationwide Building Society’s branch network to 475.

The Independent UK

Full list of Virgin Money branches offering domestic abuse safe spaces

Safe spaces are private, confidential areas in branches where anyone experiencing domestic abuse can access support

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