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The Latest Breaking News from Nationwide

Nationwide to pay £340m of profits directly into customers’ accounts

The first comes as jump in deposits and interest rates drives earnings up 40% to record highs

The Guardian - UK

Nationwide to dish out £340m to members after record financial results

But the mutual lender cautioned over reduced activity in the mortgage market and subdued house prices over the rest of the year.

The Independent UK

'We bought an old Nationwide bank and transformed it into a stylish Airbnb'

Louise and Ben converted the 1860s Grade II listed building in Bury town centre, which now hosts two rental suites as well as a record and coffee shop

Manchester Evening News

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‘Tentative signs of a recovery’ as UK house prices rise month on month

Average UK house prices had fallen for seven months in a row before April’s slight increase

Evening Standard

UK house prices rise for first time in eight months

Nationwide expert hails ‘tentative signs of a recovery’ as buyers’ confidence improves

The Guardian - UK

UK house prices rise after seven months of falls; Uber revenues jump; eurozone inflation rises to 7% – as it happened

Nationwide reports that UK house prices shows ‘signs of stabilisation’ in April, rising unexpectedly by 0.5%

The Guardian - UK

‘Tentative signs of a recovery’ as house prices rise month on month

Average UK house prices had fallen month on month for seven months in a row before April’s pick-up, Nationwide Building Society said.

The Independent UK

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Armed thief who robbed £78k from two security guards at building society jailed

Lee Cook, 47, pointed an imitation firearm at two guards at a Nationwide branch in Wallsend, Tyneside.

Daily Record

Nationwide, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

Daily Mirror

73% surge in current account switching numbers in first three months of 2023

Some 341,075 switches took place between January and March 2023, figures from the Current Account Switch Service show.

The Independent UK

Limerick bridge tragedy inquest hears of valiant efforts to save stonemasons after cage plunged into river

Bryan Whelan, 29, and TJ O’Herlihy, 36, who were each harnessed into the cage and wearing life jackets, became “trapped” in the steel platform under the water and drowned

Irish Mirror

Check for unclaimed benefits or discounts online within minutes to top-up your income before summer

Some 67% of people are worried about the state of their personal finances and ability to cover essential costs.

Daily Record

‘67% worried about personal finances and ability to cover essentials’

Spending on essentials is growing at nearly double the annual increase in non-essential spending, Nationwide Building Society said.

The Independent UK

Rising proportion of investment scam victims are aged 25 to 34, says Nationwide

Reports of investment scams among 25 to 34-year-olds accounted for 16% of investment scam cases reported to Nationwide in 2022, up from 12% in 2021.

The Independent UK

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Nottingham Post

Common feature now knocks £15k off property value, estate agents say

Daily Record

Estate agents reveal 'dated' housing feature that could knock £15,000 off its value

The add-on used to be hugely popular but now it means that your home could be worth less when it comes to selling.

Insider UK

Flexible office firm buys Princes Street site

Meanwhile, a rival provider has expanded its Glasgow office offering

Daily Mirror

Estate agents share 'naff' common feature now knocking £15,000 off house prices

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Bristol Post

Shop owner's sales dramatically plunge after moving into 'noisy' Cabot Circus - now they want to leave

It has reportedly lost thousands of pounds in revenue

The Guardian - UK

We’re trapped by the cladding scandal and can’t find a way out

We urgently need to sell, but our block is exempt from the government scheme

The Guardian - UK

UK house prices rise unexpectedly for third month in a row, by 0.8%

Halifax says market has been helped by easing of borrowing costs

The Money Edit

HSBC extends deadline for customers to secure bigger interest-free overdraft

HSBC customers now have until 10 May to increase their interest-free overdraft limit from £25 to £500. Lloyds, Nationwide and First Direct also offer similar support. We explain everything you need to know

The Money Edit

New banking hub locations revealed - is there one near you?

The rise of banking hubs is in response to a stream of local branch closes. With more planned to launch soon, we look at what services they offer and where you can find one

Bristol Post

Nationwide Index shows UK house prices have dropped for seven months in a row

Nationwide reports the largest annual decline since July 2009

Evening Standard

London house prices: soaring mortgage rates cause drop in property values

Drop in house prices comes as households face rising bills and soaring inflation

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