The Latest Breaking News from Nationwide

UK on recession alert after big falls in factory output and house prices

Signs of distress from very different parts of economy will add to Bank of England’s dilemma over interest rates

The Guardian - UK · Sep 1, 2023

Property prices falling faster than expected as rate rises hit demand

Mortgage experts warned of a ‘mass exodus’ of London landlords with falling prices

Evening Standard · Sep 1, 2023

Sharp drop in UK house prices as rising cost of borrowing hits market

House prices fell 5.3 per cent in August, the biggest annual percentage drop since 2009

The Independent UK · Sep 1, 2023

Nationwide cuts mortgage prices as Bank of England economist says interest rates may peak lower, but stay high

The Bank of England’s top economist said interest rates may not peak as high as expected, but should stay high for “sufficiently long”

Evening Standard · Aug 31, 2023

Some Americans Put Their Home Insurance Policies at Risk By Delaying Repairs, Survey Finds

Inflation and rising prices are causing delays on maintenance tasks, possibly affecting home insurance coverage.

Kiplinger · Aug 21, 2023

Do banks open on bank holidays? History of the holiday and how to check your branch

Bank holidays were introduced by banker, politician and scientific writer Sir John Lubbock

Evening Standard · Aug 21, 2023

‘It gets better and better’ — Natwest is latest major lender to cut mortgage rates

Natwest follows Halifax, HSBC, Nationwide and TSB, among others, in bringing its rates back down after a wave of increases

Evening Standard · Aug 10, 2023

Banks offer relief for homeowners as mortgage rates slashed

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

The Independent UK · Aug 10, 2023

UK house price falls spread; Wilko falls into administration; US inflation rises to 3.2% – as it happened

RICS house price balance drops again … as more mortgage holders fall into arrears and Wilko takes ‘difficult decision’ to enter administration

The Guardian - UK · Aug 10, 2023

Four of Britain’s biggest lenders cut rates on fixed mortgage deals

Halifax, HSBC, Nationwide and TSB reduce rates, easing pressure on hard-pressed homeowners

The Guardian - UK · Aug 9, 2023