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The Latest Breaking News from Nationwide

Mortgage rates hiked and products temporarily withdrawn by lenders - OLD

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products.

The Independent UK

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

The Independent UK

Heathrow security guards to strike from 24 June, says Unite; UK house prices ‘in first annual fall since 2012’ – as it happened

Heathrow security guards announce strikes over summer, UK house prices record their first annual fall in over a decade

The Guardian - UK

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House prices fall at fastest annual rate since financial crisis

House prices decreased by 0.1% in the month of May alone

The Independent UK

UK house prices fall at fastest rate for nearly 14 years

House prices in the UK have had their biggest annual fall in nearly 14 years, according to Nationwide, one of the country’s biggest mortgage lenders.

The Week

Brexit was ‘historic economic error’, says ex-US Treasury chief

UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers

The Independent UK

House prices falling at their fastest rate in nearly 14 years as buyers reel from higher interest rates

Buyers ‘spooked’ by threat of yet more interest rate rise pain on mortgages

Evening Standard

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UK mortgage lending hits record low in sign of housing market stress

Bank of England data shows sharp dip in borrowing as Nationwide says house prices falling at fastest annual rate since 2009

The Guardian - UK

Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened

Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation

The Guardian - UK

Housing market headwinds set to strengthen in near term, says Nationwide

Across the UK, house prices fell by 0.1% month on month and by 3.4% annually in May, Nationwide Building Society said.

The Independent UK

All the money, benefits, and energy bill changes coming in June

A wide range of financial changes will take place this month

Manchester Evening News

‘Esther, the singing dog won’t sing!’ Rantzen and team on the joy of That’s Life!

It mixed performing pets and suggestive parsnips with bold exposés – and hooked 20m viewers. Fifty years after That’s Life! launched, its proud presenters recall their favourite moments

The Guardian - UK

Watch Ginger Baker enthuse about polo horses before playing a drum solo in a farmyard

"He's hardy, and nasty, and fanatical, the only thing that stops him being really dangerous is his concern for the horses" - the BBC on Ginger Baker

Louder

Seven important changes to money, benefits and shopping rules coming in June

You need to know if you have a mortgage, shop at Tesco, or bank at Nationwide while there is a key date for everyone who pays energy bills

Wales Online

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Chronicle Live

Seven money changes coming in June including new DWP cost of living payment and Tesco Clubcard shake-up

From Tesco Clubcard holders to the £150 disability cost of living payment, there are massive money shake-ups coming in June

Daily Record

Seven money changes happening in June - from Clubcard updates to £150 payment

Next month will see a few different changes happening in terms of money, so here's a list of everything you should be aware of.

Manchester Evening News

Seven money changes coming in June and how they'll impact your bank account

The Bank of England will make an interest rate announcement and the latest inflation rate will be released

Daily Mirror

Seven money changes coming in June - including £150 payment and Tesco Clubcard shake-up

We round up all the money changes and updates coming in June - from a huge shake-up of the Tesco Clubcard scheme, to the £150 disability cost of living payment and more

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Nottingham Post

Millions of Nationwide customers to miss out on £100 reward due to eligibility rules

A £340 million pot will be distributed to eligible members holding a qualifying current account plus a qualifying savings or mortgage account.

The Independent UK

How homeowners can escape huge mortgage hikes as lenders raise rates

Britain’s biggest building society Nationwide raised its mortgage rates on Friday

The Guardian - UK

Jeremy Hunt backs interest rate hikes even if they cause recession; UK retail sales jump – as it happened

Chancellor says “only path to sustainable growth” is to bring down high prices behind cost of living crisis, as mortgage rates climb

Liverpool Echo

Millions of Nationwide customers to miss out on free £100 cash

The building society announced its reward scheme last week

The Independent UK

Nationwide increasing some mortgage rates for new borrowing from Friday

The building society said the move will ensure its mortgage rates remain sustainable in the current economic environment.

The Guardian - UK

UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates

Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwards

Evening Standard

Nationwide hikes mortgage rates by up to 0.45% as inflation shocks markets

The move follows Wednesday’s inflation data which has raised bets on further Bank of England interest rate rises this year

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