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The Latest Breaking News from Nationwide

UK house prices grow at fastest rate for 17 years

Prices boom across all of UK, with average price up by £33,000 in 12 months to March

The Guardian - UK

Average UK house price ‘surged by £33,000 over past year’

Nationwide said it is becoming harder for homeowners to trade up, with price gaps between different property types moving to a record high.

The Independent UK

As spring storms threaten, here’s how to protect your property from ‘flying debris’

Damaging storms already sweeping across the country in the first weeks of spring have been a reminder of the dangerous and even deadly weather the season can bring.

Tribune News Service

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Feds reveal they have recorded calls between Marilyn Mosby, company that manages Baltimore retirement accounts

BALTMORE — As lawyers for Baltimore State’s Attorney Marilyn Mosby doubled down on their allegations of vindictiveness from federal prosecutors, the feds revealed a new detail about their case: The government may have recordings of phone calls between Mosby and the company that manages the city’s retirement plan.

Tribune News Service

Bob Wellings obituary

The Guardian - UK

People who are tricked by pet-related scams ‘lose £1,400 on average’

Nearly three in 10 people know someone who was the victim of a pet scam or have been a victim of one themselves, Nationwide Building Society said.

The Independent UK

House prices jump £30,000 in just 12 months says Nationwide

HOUSE prices are 20% higher than they were in February 2020 – the month before Covid struck the UK – Nationwide said today

Evening Standard

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Average house price in February nearly £30,000 higher than a year ago – index

At £260,230, the average house price in February was £29,162 higher than a year earlier, according to Nationwide Building Society.

The Independent UK

Nationwide customers hit by 'technical issue' on payday

Building society says it is working hard to resolve the issue

Wales Online

Nationwide customers locked out of online banking on payday due to IT outage

The building society had hundreds of users reporting issues with transferring funds, online banking and mobile apps this morning, according to the DownDetector website

Daily Mirror

Household holiday spending jumped at the start of 2022, says Nationwide

Spending on utilities also increased in January as living costs bite into consumers’ pockets, Nationwide Building Society said.

The Independent UK

Nationwide looks at options after Midas collapse stalls £50m Swindon housing scheme

Developer in urgent talks with administrators after work halts on Oakfields housing scheme in Swindon

Birmingham Post

People who regularly feel lonely more likely to have been scammed, survey finds

The proportion of people who have no contact with friends and family in a typical week has tripled since March 2020, Nationwide Building Society said.

The Independent UK

Nationwide increases first-time buyer mortgage support by extending 'Helping Hand' scheme

This will allow first-time buyers to borrow up to five and a half times their income when taking a five or 10-year mortgage.

Daily Record

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Daily Mirror

Nationwide and Santander become first banks to hike mortgages after interest rates rise

Mortgages are getting more expensive for some homeowners after the Bank of England confirmed it was increasing interest rates from 0.25% to 0.5% - here's what it means for you

Manchester Evening News

House prices climb in January - but warning that the property market could slow later this year

The UK property market has had its strongest start to the year in 17 years

Evening Standard

Virgin Money boss David Duffy rules out bid for TSB

VIRGIN Money today ruled itself out of bidding for TSB, the somewhat troubled rival that has had bids from Co-op Bank and reportedly Nationwide Building Society fail.

Birmingham Post

UK house prices jump in January as demand for property soars

But the property market is likely to slow in 2022, according to latest data from Nationwide

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Evening Standard

FTSE 100 Live: Nasdaq rebound boosts stocks, Joules profits warning, Virgin Money rules out TSB bid

House prices have continued to rise after Nationwide today reported annual growth of 11.2% in January.

Evening Standard

Strongest start to the year for UK house prices since 2005

Nationwide Building Society reveal 11.2% annual increase in January, the strongest start to the year for 17 years

The Guardian - UK

UK housing market records strongest January since 2005

Average price of home rose to £255,556 in January from December, says Nationwide

The Independent UK

House prices soar most in any January for 17 years

An 11.2% annual increase in property prices in January means the average house price is £255,556, Nationwide Building Society says

Wales Online

House prices soar but warning housing market could slow over 'affordability'

Nationwide said it was the strongest start to the year for 17 years but outlook 'uncertain'

The Guardian - UK

UK factory output growth jumps; US job openings rise; record low eurozone unemployment – as it happened

Rolling coverage of the latest economic and financial news

Daily Record

Nationwide set to increase rates on range of savings accounts from next week

The move could help some savers dealing with sharp increases in their living costs.

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