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The Latest Breaking News from Nationwide

Santander down: Customers report issues as Barclays, Halifax, Lloyds, Nationwide and Monzo also affected

Several UK banks are facing issues this morning

Bristol Post

UK house prices rise despite successive interest rate hikes — and show no sign of a dramatic slowdown

Nationwide said the average price of a home in the UK rose 0.9% in May — the 10th successive monthly increase

Evening Standard

Barclays, Halifax, Lloyds, Nationwide and Monzo customers locked out of accounts

It looks like there is an issue with Faster Payments

Wales Online

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Santander and HSBC customers 'can't pay bills' as 10 banks hit by glitch - see full list

Thousands of customers have been unable to carry out any online banking today as multiple banks are affected by an issue starting with Santander's payment system

Daily Mirror

House price growth could cool in 2022, Nationwide says

But the stock of homes on the market remains low

Birmingham Post

UK house price slowdown ‘on way’; factory growth hits 16-month low – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - 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

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Britons cut spending on streaming services amid cost-of-living squeeze

Fewer card and direct debit transactions made between 1 and 30 April, says Nationwide

The Guardian - 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.

The Independent UK

Nationwide warns of inflation’s impact on struggling customers

Building society warns people on lower incomes could face ‘significant pressure’

The Guardian - UK

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.

Evening Standard

House price growth in rural areas ‘has outperformed urban locations’

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

Five areas with the biggest house price hikes - and the five cheapest too

Brits trying to buy a house are frustrated by rising property values, but new research has found the areas where house prices are going up the fastest and where they are still relatively low

Daily Mirror

House price growth in rural areas ‘has outperformed urban locations’

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

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Daily Record

Nationwide stops 2,000 more online shopping frauds each month using new payment checks

New data from Nationwide shows that 28% of all purchases are now made online.

The Independent UK

Fewer online card frauds since new payment checks introduced, says Nationwide

People shopping online may find they are asked to verify a purchase via text message more often when they get to the checkout under industry changes.

Wales Online

Shoppers abandon almost £125 billion worth of items in their online baskets each year

A study of 2,000 adults found the average online shopper will put clothes and gadgets worth £4,283 a year into their baskets, but don’t get around to hitting ‘confirm’

Manchester Evening News

TSB, Barclays, Santander and Nationwide hike mortgages after base rate rise

The Bank of England raised the base rate from 0.75 to 1% on Thursday and 2 million borrowers will be affected by the rise

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news in one place.

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The Guardian - UK

‘The risks are pretty big’: how long can UK house prices defy gravity?

Pent-up lockdown demand and stamp duty holidays kept prices high, but rising mortgage rates and living costs may tip balance

Daily Mirror

TSB, Barclays and more banks hike mortgages as 2million to be hit by rate rise

Banks including HSBC, TSB and Santander have increased the rates on mortgages to take advantage of the Bank of England's rise, adding £50 a month to the cost of a typical £250,000 loan

Glasgow Live

Monzo, 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 Record

Earn up to £150 for switching your bank account or enjoy 100 free sausage rolls from Greggs

More than 196,960 account switches took place between January and March 2022.

Daily Mirror

Best and worst banks based on switches this year from Santander to HSBC and Barclays

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 Record

Martin Lewis says you can claim free £175 payment - but deadline is fast approaching

Customers must meet certain criteria to claim the cash.

The Guardian - UK

UK house price growth slows as cost of living crisis starts to hit market

Average price of property in April rises to £267,620, the ninth straight month of growth, says Nationwide

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