Nationwide Building Society news
The Nationwide Building Society is the UK's largest remaining building society and the second biggest mortgage lender.
The company operates in three main business areas: personal financial services, commercial financial services, and treasury group operations.
The personal financial services portfolio is suitably wide, covering:
- mortgages
- savings
- online banking
- personal loans
- credit cards
- house insurance
- car insurance
- term assurance
- share dealing
The commercial arm includes commercial lending and treasury income generation activities.
The treasury group arm is engaged in capital operations and items classified as being non-attributable to its core business areas.
Website: Nationwide Building Society
Latest Nationwide News:
Nationwide offers 20% discount on home cover
by Gill Montia
Story link: Nationwide offers 20% discount on home cover
Nationwide has launched a home insurance offer that gives a 20% discount to those purchasing combined buildings and contents cover.
The offer lasts until 31st July and the discount will be applied for a second year, if the policies are renewed jointly. New customers can save an additional 10% on the first year’s premium by applying […]
Homeowners urged to get garden coverage
by Richard Kilner
Story link: Homeowners urged to get garden coverage
According to new research conducted by Nationwide, 35% of homeowners value their garden contents at between £250 and £1,000.
By definition, garden contents are almost always exposed and not under lock and key, and therefore it is vital that homeowners have the proper insurance should thieves strike.
Nationwide provides insurance of up to £1,000 for garden contents. […]
One in three Britons risk uninsured holidays
by Gill Montia
Story link: One in three Britons risk uninsured holidays
Nationwide has undertaken research that suggests one in three Britons fail to take out adequate insurance cover before setting off on holiday.
In a recent survey, 35% of respondents were leaving themselves exposed to cancellation and medical emergency cost, or the loss of personal belongings, by not taking out travel insurance.
In addition, 36% of those questioned […]
Many homeowners lack correct home insurance
by Richard Kilner
Story link: Many homeowners lack correct home insurance
Recent research conducted by the Nationwide Building Society has revealed that a large number of homeowners are failing to purchase the correct home insurance for their needs.
A fifth of those surveyed would not be covered for house fires, flooding or storms due to lack of buildings insurance.
A quarter of those who do have buildings insurance […]
Nationwide mortgage rates rise
by Richard Kilner
Story link: Nationwide mortgage rates rise
The Nationwide Building Society has raised the interest rates for its tracker mortgages.
The move comes in spite of a lack of recent rate change from the Bank of England.
The rise will be between 0.05% and 0.15% for new customers and comes into effect immediately.
Nationwide’s fixed rate mortgages will not see their rates increased or decreased.
The […]
Nationwide bans PPI sales
by Gill Montia
Story link: Nationwide bans PPI sales
Nationwide, the UK’s largest building society, has ceased all sales of Payment Protection Insurance (PPI), after admitting that its staff have not been advising customers properly.
The building society apparently mounted a covert operation and discovered its PPI sellers were not up to the mark.
PPI is sold alongside loans, mortgages and credit card agreements, to […]
