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The Latest Breaking News from Nationwide

Nationwide offers £100 cash gift to members after £2bn profit bonanza

Nationwide decided in March this year to buy rival lender Virgin Money for around £2.9 billion

The Independent UK

Nationwide profits slip but new member benefits promised

Nationwide profits slipped by £200m to £2bn for the year to April it said today, one day after Virgin Money shareholders backed the £2.9bn takeover by the society.

Evening Standard

Virgin Money shareholders vote for Nationwide takeover by big majority

The deal won approval of 89% of voting shareholders, lining up Richard Branson for a £724m windfall from sale

The Guardian - UK

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‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached

The Guardian - UK

Nationwide doubles maximum personal loan to £50k amid rising building costs

Previous £25,000 maximum no longer enough to fund some home improvements, says building society

The Guardian - UK

Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to 2000 levels

Branson took a $126 million hit to his fortune last year as he continued to fight several fires at his Virgin Group.

Fortune

Savills says UK house prices will rise this year in U-turn on earlier forecast

Lower mortgage rates prompt property firm to change its outlook from 3% drop to a 2.5% increase

The Guardian - UK

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House prices fall again as mortgage rates spike

Lenders, including in the past few days, NatWest, Santander and Nationwide, have been increasing their mortgage rates

Evening Standard

UK house prices now sit 4 per cent below all-time high as first-time buyers struggle to get on the ladder

The building society said the typical property value fell for the second month in a row in April.

Evening Standard

UK house prices fall unexpectedly for second month in a row

Nationwide blames April slowdown on ‘affordability pressures’ on back of high mortgage rates

The Guardian - UK

UK House Prices Unexpectedly Fall In April: Nationwide Data

Discover why house prices in the UK unexpectedly fell in April and the implications for the housing market and economy.

Top News

UK house prices dip in April as higher mortgage rates end property market rebound, Nationwide says

The average price across the UK was £261,962

Evening Standard

UK and US manufacturing sectors shrink as new orders fall and prices rise – as it happened

The UK’s manufacturing sector suffered a fresh downturn last month as disruption to shipments in the Red Sea hit firms

The Guardian - UK

Nationwide stops lending on some flood-risk properties

Banks may follow suit after UK weather-related claims on home insurance reach new high

The Guardian - UK

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Evening Standard

Nationwide's £2.9bn deal for Virgin Money must be stopped — members should sign up

City Voices: Give Nationwide Members a say on the purchase of Virgin Money

Evening Standard

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

Take all but £100 out of your Nationwide account, say rebel members

City Comment: The rebel members are becoming an irritant to the Nationwide board

Evening Standard

Campaign against Nationwide takeover of Virgin Money puts pressure on board

Society denies ignoring members, but says a vote is not possible

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The Guardian - UK

While we focus on Dominic West in a banned advert, the banks are short-changing us all

The fuss over an outlawed commercial threatens to obscure the fact that the industry is reaping record profits for a poorer service, says Hannah Dewhirst, head of campaigns at Positive Money

The Guardian - UK

Nationwide TV ads starring Dominic West banned as misleading

ASA says sneering bank manager character wrongly suggests building society has not closed any branches

Evening Standard

Nationwide ad starring Dominic West is ‘misleading’, watchdog says

The advertisement attracted 282 complaints, including one from Santander.

Evening Standard

Average London house prices spring up 1.2% in March, reports Nationwide

The average price for a house in the capital is currently £519,505

Evening Standard

London house prices pull ahead in reversal of ‘race for space’

London now has the fastest rising property prices in the south of England

Top News

UK House Prices See Largest Increase Since December 2022

Recent data by Nationwide shows a surge in UK house prices due to high demand, low supply, and government incentives, raising concerns about affordability.

The Guardian - UK

UK house prices fall for first time in three months amid ‘subdued’ market

Average price of home down 0.2% from February to March, to £261,142, says Nationwide

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