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The Latest Breaking News from Nationwide

UK house price slowdown ‘on way’; factory growth hits 16-month low – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Housing market set to slow as the year progresses, says Nationwide

Prices also increased by 0.9% month on month in May, taking the average house price to £269,914, Nationwide Building Society said.

The Independent UK

Britons cut spending on streaming services amid cost-of-living squeeze

Fewer card and direct debit transactions made between 1 and 30 April, says Nationwide

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Households make fewer transactions but spending stays level as rising costs bite

Nationwide Building Society’s members made five million fewer transactions in April than the previous month, but spent a similar amount to March.

The Independent UK

Nationwide warns of inflation’s impact on struggling customers

Building society warns people on lower incomes could face ‘significant pressure’

The Guardian - UK

Nationwide profits rocket as it tells struggling members “talk to us”

NATIONWIDE Building Society today recorded its best results since it was founded in 1884 and insists it is in a strong position to help members struggling with the cost of living.

Evening Standard

House price growth in rural areas ‘has outperformed urban locations’

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%.

The Independent UK

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Five areas with the biggest house price hikes - and the five cheapest too

Brits trying to buy a house are frustrated by rising property values, but new research has found the areas where house prices are going up the fastest and where they are still relatively low

Daily Mirror

House price growth in rural areas ‘has outperformed urban locations’

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%.

The Independent UK

Nationwide stops 2,000 more online shopping frauds each month using new payment checks

New data from Nationwide shows that 28% of all purchases are now made online.

Daily Record

Fewer online card frauds since new payment checks introduced, says Nationwide

People shopping online may find they are asked to verify a purchase via text message more often when they get to the checkout under industry changes.

The Independent UK

Shoppers abandon almost £125 billion worth of items in their online baskets each year

A study of 2,000 adults found the average online shopper will put clothes and gadgets worth £4,283 a year into their baskets, but don’t get around to hitting ‘confirm’

Wales Online

TSB, Barclays, Santander and Nationwide hike mortgages after base rate rise

The Bank of England raised the base rate from 0.75 to 1% on Thursday and 2 million borrowers will be affected by the rise

Manchester Evening News

‘The risks are pretty big’: how long can UK house prices defy gravity?

Pent-up lockdown demand and stamp duty holidays kept prices high, but rising mortgage rates and living costs may tip balance

The Guardian - UK

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news in one place.

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Daily Mirror

TSB, Barclays and more banks hike mortgages as 2million to be hit by rate rise

Banks including HSBC, TSB and Santander have increased the rates on mortgages to take advantage of the Bank of England's rise, adding £50 a month to the cost of a typical £250,000 loan

Glasgow Live

Monzo, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

Daily Record

Earn up to £150 for switching your bank account or enjoy 100 free sausage rolls from Greggs

More than 196,960 account switches took place between January and March 2022.

Daily Mirror

Best and worst banks based on switches this year from Santander to HSBC and Barclays

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

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news in one place.

100’s of premium titles.
One news app.

Daily Record

Martin Lewis says you can claim free £175 payment - but deadline is fast approaching

Customers must meet certain criteria to claim the cash.

The Guardian - UK

UK house price growth slows as cost of living crisis starts to hit market

Average price of property in April rises to £267,620, the ninth straight month of growth, says Nationwide

The Independent UK

38% of people moving home or considering doing so, figures show

The pace of annual house price growth slowed slightly to 12.1% in April, Nationwide Building Society said.

Birmingham Post

House price growth slows but demand remains above pre-Covid levels

With the stock of homes on the market still low, this has put "upward pressure" on house prices, Nationwide said

The Independent UK

More than 8m current accounts moved under ditching and switching service

The Current Account Switch Service was launched in 2013 to take the hassle out of moving bank and building society accounts.

Chronicle Live

Martin Lewis issues two-day warning for those wanting to claim free £175

However, there is certain criteria you must meet first

Liverpool Echo

Martin Lewis warns people only have 48 hours to claim free £175

As the cost of living continues to bite, many people can get their hands on free cash if they act fast

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