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  • WATCH: New Dominic West Nationwide ad will annoy other lenders even more than the first one

    February 9, 2024

    Nationwide is set to launch the second of its new ad campaign fronted by Dominic West tonight, in a move which will inflame a row with other lenders.

  • Santander reports Nationwide Dominic West ad to watchdog

    February 9, 2024

    Santander has reported a Nationwide advert starring actor Domonic West to the advertising regulator, according to reports.

  • Around 500 jobs at risk at Nationwide in head office shake-up

    December 8, 2023

    Nationwide has said around 500 workers are at risk of redundancy as part of an overhaul of head office operations at the building society.

  • Nationwide boss Debbie Crosbie rules out Natwest CEO job

    November 19, 2023

    Nationwide's chief executive Debbie Crosbie has ruled out a move to Natwest as the troubled bank looks for a new boss.

  • Nationwide posts profits boost as interest rates bolster income

    November 17, 2023

    Nationwide posted a boost in payouts to members in the six months to the end of September as rising interest rates provided a boost to profits.

  • Brokers predict ‘mortgage price war’ as lenders including HSBC and Nationwide cut rates again

    August 9, 2023

    Brokers have suggested there could be a “mortgage price war” as lenders continue to reduce rates amid hopes inflation is finally on the way down.  Nationwide reduced prices on some of its fixed products by up to 0.55 percentage points while HSBC reduced rates by up to 0.2 percentage points. TSB also lowered rates by [...]

  • Nationwide and TSB join HSBC in reducing rates on mortgage deals

    July 27, 2023

    Nationwide and TSB joined HSBC in reducing rates on a range of mortgage products today, as rates on mortgages continued to come down after last week’s inflation reading.  Nationwide announced that it would be reducing fixed rates by up to 0.35 per cent while it would reduce rates available on its tracker products by 0.2 [...]

  • HSBC, Nationwide and TSB failed to send transaction histories to some customers

    July 25, 2023

    HSBC, Nationwide Building Society and TSB collectively let down a total of nearly 170,000 customers by failing to provide payment transaction histories, according to the competition watchdog. The Competition and Markets Authority (CMA), which has written to the two banks and building society, said the failures are “not acceptable”. The providers breached part five of [...]

  • House price growth faces ‘significant drag’ from rate rises but London remains ‘buoyant’

    June 30, 2023

    House price growth may face “significant drag” from high interest rates as fresh figures show they remained relatively stable in June despite yearly growth being negative.  The latest Nationwide House Price Index show house prices remained broadly flat in June, but down 2.5 per cent compared to last year, owing in part to 13 successive [...]

  • NatWest, Lloyds, HSBC, Barclays and Santander leaders meet Jeremy Hunt in ‘productive’ mortgage crisis talks

    June 23, 2023

    Bank bosses held a “productive” meeting with Chancellor Jeremy Hunt as the rates increase worsens the mortgage crisis. Natwest chief executive Alison Rose, speaking to reporters as she left Downing Street, said lenders were “doing everything we can” and were “very keen” to help customers. Lloyds Banking Group boss Charlie Nunn described the meeting as [...]

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