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Halifax reports 0.5% fall in September house prices
The Halifax has today revealed UK house prices fell by 0.5% in September on a monthly basis and follows a 1.2% fall in August. The latest fall takes the average cost of a UK home to £161,132, the...
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Nationwide: House prices rise 0.4% in October
The latest house price index from the Nationwide Building Society has revealed prices rose by 0.4% in October on a monthly basis. On an annual basis, house prices are now 0.8% higher than this time...
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Nationwide ‘On Your Side’ with credit card reward scheme
As part of its ‘On Your Side’ campaign Nationwide Building Society has launched a credit card reward scheme which should make shopping more enjoyable for its customers. The scheme, which is available...
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Halifax and Nationwide launch new ISAs
Halifax has improved its ISA offering with a better return on its five year fixed rate product. The ISA now pays 4.4 per cent, strengthening its position as the market leading long term fixed rate...
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Nationwide re-launches 0% purchase credit card
Nationwide has re-launched its Select Visa credit card which offers 0%-on-purchases for 18 months – the longest period currently available on the market for a 0% deal. Cardholders also benefit from...
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Nationwide restricts interest-only mortgages
The Nationwide Building Society has become the latest lender to tighten lending criteria on interest-only mortgages, which are estimated to account for around 40 per cent of mortgages in Britain. The...
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Hometrack reports increase in house prices
House prices increased by 0.2 per cent across the UK in March, according to property analytics business Hometrack, representing the first price rise in 20 months. The increase was helped by increased...
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FSA rules out ban on interest-only mortgages
Speculation that the Financial Services Authority would ban interest-only mortgages as part of its Mortgage Market Review has proved to be unfounded. However, lenders will be required to monitor the...
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Nationwide may bid for RBS branches
There is growing speculation that Nationwide building society may be considering a bid for the 316 branches being sold by RBS group under EU rules. RBS was ordered to sell the branches under the terms...
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Nationwide lends £2.5 billion to first-time-buyers
Nationwide Building Society lent £2.5 billion to 20,000 first time buyers in the first six months of 2012-13. This is double the amount it lent in the first half of the 2011-12 financial year and...
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