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The Latest Breaking News from Nationwide

Warning house prices could fall by 15% as banks hike mortgage rates

Veteran mortgage broker says he has not seen market move in such a way since 2008 financial crisis

The Independent UK

Mortgage costs face 30-year high of 6% as Bank of England issues stark warning

Huw Pill warned borrowers to brace themselves for a “significant” rate hike after lenders Santander and HSBC, along with the Nationwide and Yorkshire building societies, joined a rush of lenders to pull home loans or up their rates

Daily Mirror

Warning to everyone with a mortgage after Friday's announcement

A raft of tax cuts unveiled on Friday last week have prompted concerns

Wales Online

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Mortgage borrowers could see monthly bills climb higher

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.

The Independent UK

Households burying heads in the sand despite being average £249 worse off each month due to rising costs

One in eight people avoid getting help and younger adults are five times less likely to seek support.

Daily Record

Cost-of-living crisis already hits average household by £249 a month, says Nationwide

UK’s biggest building society says get financial help early as over 80% of people worry about the cost of living

Evening Standard

Fewer than a fifth of people ‘would speak to their bank about money struggles’

Only 19% of people would speak to their bank or building society if they were struggling financially, according to Nationwide Building Society.

The Independent UK

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Grandson's missing inheritance sparks investigation by Nationwide

Timothy Heald has spent five months trying to track down the £5,000 his late wife left her grandson

Wales Online

House price growth cools as property market loses momentum, Nationwide says

Annual growth slowed to 10% in August, down from 11% in July, amid early signs of the cost-of-living crisis putting pressure on budgets.

The Independent UK

Many Pa. nursing homes must spend more on patient care under new law

When your loved one is in a nursing home, you hope for the best possible care. You want the bulk of the money that nursing homes receive to be spent at the bedside, on caregivers.

The Philadelphia Inquirer

Visible vs. Verizon: Which carrier should you get?

We compare Visible vs. Verizon to help you decide whether you should go with the affordable prepaid carrier or pick the top-tier postpaid operator.

Android Central

Consumers enjoyed summer spending before autumn price rises – Nationwide

People spent more money and made more transactions in July as they made the most of the warm weather and the start of the summer holidays.

The Independent UK

Best student bank accounts 2022: Top perks if you're off to university including free £100

Banks are fighting among themselves to offer great perks for students, and here are the best current accounts available in 2022. Cashback, free railcards, free cash and other perks are all up for grabs

Daily Mirror

Thousands of Nationwide staff members to get £1,200 bonus in October

Nationwide says it will give 11,000 members of staff a bonus payment

Liverpool Echo

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Birmingham Post

Thousands of Nationwide staff to receive £1,200 bonus payment to help with cost of living

The one-off payment will be for staff at the building society who earn £35,000 or less a year

Daily Mirror

First Direct is offering free £175 cash if you switch your bank account

The cash bonus is available to all new customers who switch their current account to the First Direct 1st Account through the Current Account Switch Service (CASS)

Manchester Evening News

Thousands of bank workers to get £1,200 cost of living bonus from October

It comes as household bills are predicted to rise above £5,000 by January

Chronicle Live

Nationwide to pay thousands of its staff members £1,200 cost of living bonus

The high street building society is the latest employer to offer its workers a cost of living support payment as families struggle with high bills

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Daily Record

Nationwide are offering £1,200 cost of living bonus to thousands of workers

The company is the latest to give employees an extra payment amid soaring energy costs and inflation.

Daily Mirror

Thousands of Nationwide workers to get £1,200 cost of living bonus from October

Nationwide is the latest large employer to offer its workers a payment to support households as costs soar- find out who is entitled and what other companies are offering similar payments

The Guardian - UK

Scammers took £20,000 of my wedding savings but Revolut won’t pay me back

I’m young and clued-up but even I was the victim of a sophisticated con – and now the bank says I can’t have a refund

Daily Record

Nationwide offering students £100 cashback and donating to Shelter for every new account opened

Students will get £100 back within 14 days of crediting their account with £500.

The Independent UK

One in five ‘have authorised payments flagged by their bank as suspect’

Men and younger adults are more likely to have authorised payments despite them being flagged as suspect, according to Nationwide Building Society.

Daily Mirror

Home owners face £5,000 a year mortgage hikes - with repossessions doubling

Rocketing interest rates could double this year’s projections for repossessions to 24,000 by 2024 according to an economic consultancy’s analysis of latest Bank of England figures

The Guardian - UK

What does the Bank of England interest rate rise mean for you?

From first-time home buyers to credit card users, we look at how your finances may be affected

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