Nationwide, the UK's biggest building society, has tripled the minimum deposit it will ask for from first-time buyers.
Nationwide
Nationwide Building Society has offered around 200 redundancy packages to its staff in an attempt to avoid compulsory lay-offs. The lender, which is the UK's biggest building society, currently employes around 17,000 staff and hopes that enough employees will sign up for the redundancy programme, or
Nationwide has said that a borrower's credit rating should be affected if they take a further mortgage holiday.
Nationwide has seen its profits plummet by 40% after taking a £101 million hit from the coronavirus pandemic. The lender, which is Britain's largest building society, said its underlying profit before tax plunged from £788m in 2019 to £469m this year on underlying income of ju
New research from Nationwide has found that annual house price growth was gaining momentum before the coronavirus pandemic struck the UK.
Annual house price growth marginally increased just before the coronavirus pandemic struck the UK, according to the latest Nationwide House Price Index.
Nationwide has announced that it will be closing some branches and reducing its opening hours amid the coronavirus pandemic. As Prime Minister Boris Johnson called for greater care to be taken regarding social distancing, and in light of his announcement to lockdown many ‘non-critical&rs
Nationwide has announced that it is trialling new branch opening times during the coronavirus outbreak so that elderly and vulnerable people can manage their money in a safe environment with a dedicated hour each morning. From Wednesday, March 18, more than 100 branches across the UK will open from
Nationwide is to repay customers after it failed to correctly warn them that they would be charged for entering an unarranged overdraft. The move comes after the building society was found to have broken Part 6 of the Competition and Markets Authority’s (CMA) Retail Banking Market Investigatio
The UK's six biggest banks and building society Nationwide are braced for today's results of the most exhaustive test of their ability to stand firm against 'Armageddon'.
Nationwide has announced today that it is investing in Bankifi, a business managing platform which uses open banking to provide a suite of business microservices which plug into banking infrastructure through APIs. The technology means that providers like Nationwide, who will be launching its own bu
Nationwide and Santander provide the best student bank accounts, according to a survey by consumer website Which?.
Nationwide Building Society has been awarded £50 million from Banking Competition Remedies to increase competition in small business banking. The Co-operative Bank and Investec Bank have also been awarded £15 million each to expand in the small business market.
Nationwide has announced that it will invest in Scaled Insights, a company that uses behavioural AI to analyse people’s speech in order to communicate with them in language that is most accessible for them. The system analyses over 130 different variables in an individual’s speech p
The typical British family spends a quarter of their disposable household income on holidays each year, according to new research from Nationwide Building Society.