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The Latest Breaking News from Nationwide

Average UK house price hits new record high but there are ‘signs of a slowdown’

The housing market has retained a surprising amount of momentum given the mounting pressure on household budgets, Nationwide Building Society said.

The Independent UK

FTSE 100 Live: House price growth slows, stock markets end quarter lower

Recession fears have left European stock markets deep in the red at the end of a turbulent half year for investors.

Evening Standard

Global markets post worst first-half performance in decades – as it happened

US stocks have recorded their worst first half in more than 50 years as central bank attempts to slow inflation sparks selloff

The Guardian - UK

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Ex-RTE broadcaster Mary Kennedy rules out moving in with partner Tom when she moves out of family home

The former Nationwide host is 'downsizing'

Irish Mirror

Arcapita’s CEO: We Have Successfully Executed 100 Investment Transactions with a Total Value of $31 Billion

Atif Abdulmalik, Chief Executive Officer of Arcapita Group Holdings (Arcapita), a Sharia compliant global alternative investment firm, has set out Arcapita’s strategic transformation plan for the coming five years. The strategy aims to increase the size and volume of Arcapita’s transactions in the private equity and real estate sectors by…

Asharq Al-Awsat

Covid couldn’t cool house prices, but the economic chill might

Data due this week will be closely scrutinised to discern whether the market’s remarkable resilience is faltering

The Guardian - UK

Households spending more on holidays, clothes and gardening, says Nationwide

There are also signs that people are using credit cards more to pay for goods and services amid rising living costs, the Society said.

The Independent UK

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Best savings accounts to beat rising costs as inflation hits 40-year high of 9.1%

Soaring inflation means higher bills for UK households, and it is also eating away at the value of any spare cash you might have - but the good news is savings deals can help ease this pressure

Daily Mirror

Banks offering you free cash to help with cost of living - First Direct to Virgin Money

As the cost of living continues to pinch, there are little things we can all do to try and make the most of offers and deals - take a look at these bank account switch deals, one of which could offer you £170 in cold hard cash

Daily Mirror

Nationwide offers chart-topping 5% savings deal in challenge to banks

Nationwide fired the first salvo in what could be a savings war by offering a market leading 5% interest rate on one leading account.

Evening Standard

Nationwide offers 5% interest on current account as battle for savers hots up

Competitors could follow suit, says Moneyfacts

The Independent UK

Nationwide offering 5% interest on current account as competition heats up

The Society has more than doubled its introductory rate from 2% to 5% and is also offering up to £125 to switch.

The Independent UK

Groups of young Edinburgh Clash fans appear in priceless 1980 footage

Priceless documentary film footage captures young Edinburgh Clash fans prior to the legendary punk group's shows at the Odeon during the winter of 1980.

Edinburgh Live

Inflation is hitting LGBTQ+ Americans harder – smart employers can help

Almost two-thirds of LGBTQ+ people are living paycheck to paycheck and many say they face ‘unique’ challenges

The Guardian - US

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Glasgow Live

HSBC, Nationwide, Santander and more confirm when mortgages will go up

Those on a tracker rate mortgage will see their interest rates go up automatically - high street banks have started to confirm the dates when customers will be hit with higher costs

Liverpool Echo

Nationwide's blunder as thousands sent new bank cards that don’t work

The issue affected people who were sent replacement debit cards

Chronicle Live

Warning issued after Nationwide customers are sent debit cards that don't work

Frustrated shoppers ask Twitter what's going on after their new cards were declined when they tried to use them

Daily Mirror

Thousands of bank customers sent new cards that don’t work in major blunder

The issue affected Nationwide customers who were sent replacement debit cards for cards that are due to expire at the end of this month. Here's what you need to know

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Evening Standard

Housing association right-to-buy proposals welcomed by lenders

Government plans could allow up to 2.5 million to buy own homes and break out of renting

The Independent UK

The areas of the UK with the highest house prices revealed

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%.

Evening Standard

Number of UK first-time buyers using family money to get on the property ladder hits seven-year high

Last year 46 per cent of UK first-time buyers had help from a family member and market forecasters say that figure is expected to rise

Nottingham Post

Lloyds, Nationwide and HSBC handing out free money - Martin Lewis explains

"The easiest ways to gain a little bit of extra cash"

Birmingham Post

Nationwide pledges to protect branches for 'at least' extra year

The building society has 625 branches across the country

The Independent UK

Nationwide extends branch pledge amid cost-of-living crisis

The mutual lender said the promise means that it will not leave any town or city in which it is based without a branch until at least 2024.

Daily Mirror

Jubilee artist left 'unable to pay mortgage' after Nationwide freezes bank accounts

Award-winning artist Mary Anne Aytoun Ellis has been asked to make 20 drawings for the Queen's Platinum Jubilee, but was left struggling after Nationwide blocked her accounts

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