Nationwide Building Society

Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK's largest banking groups with 24.5 million customers and nearly 700 branches. The deal, approved by Virgin Money shareholders and a specialist court, will see the Virgin Money brand d

In a move for customer rewards, Nationwide Building Society has announced a significant redistribution of profit to its customers, strengthening the appeal of its mutual structure. This action follows a 40% rise in annual profit, amounting to £2.2 billion, resulting from a succession of intere

River Clyde Homes (RCH) has secured a £38m loan facility from Nationwide Building Society to support its plans for a regeneration programme to futureproof its properties and make them more sustainable and energy efficient. The Nationwide Building Society funding package is made up of £10

Nationwide Building Society has increased the interest rate on its FlexDirect current account to a "market-leading" 5%. The 5% AER rate (4.89 gross) will be available for new applications opened from 21 June on balances up to £1,500 for the first 12 months. Those switching their current accoun

Nationwide Building Society has appointed Debbie Crosbie as its next chief executive and executive director. The selection process has been led by Kevin Parry, the society's deputy chairman and chairman-elect and follows the announcement in September that after nearly six years in the role, the curr

Nationwide Building Society has seen its first-half profits more than double to £853 million, compared to £361m in the first half of 2020. For the six months to September 30, the lender saw its net interest income grow to £1,706m, compared to £1,448m in 2020, with higher marg

The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de

Nationwide Building Society has seen its profits almost double to £823 million throughout the Covid-19 pandemic as its customers saved an extra £10 billion over the last year. The lender, which is the UK's biggest building society, revealed a huge rise in deposits as customers chose to s

Nationwide Building Society, the UK’s second-largest mortgage lender, has predicted that house prices will continue to rise this year beyond the end of the stamp duty holiday.

Nationwide Building Society is to become the largest mortgage provider to reintroduce 95% Loan-to-Value (LTV) home loans without government support. The mortgages are set to launch on Thursday 20 May.

Members of Nationwide Building Society are switching to green energy as the society takes action to help beat the looming energy price increase. The society is encouraging its members to take advantage of a six months’ free subscription to Switchd – an energy comparison tool that constan

East Ayrshire has been named the most affordable area for first-time buyers in the latest Affordability Report published by Nationwide Building Society.

A team of Nationwide NOW personal finance consultants from Nationwide Building Society’s office in Dunfermline undertook a gruelling fundraising challenge during July to support local charity, Andy’s Man Club. The team from Dunfermline managed to complete 3582km and raised £325 for

Property values dropped by 1.7% month-on-month in May across the UK according to the latest House Price Index by Nationwide Building Society. 

Nationwide Building Society has announced that it will be closing all branches and call centre operations at the weekends amid the current coronavirus crisis. After previously unveiling plans to close 50 branches and reduce opening house, the building society distributed a letter to its clients anno