Mortgage Shop Financial Services In The News & Press Release Coverage
Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have contributed to featuring Nationwide Building Society
Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have contributed to featuring Nationwide Building Society
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Annual house price growth returned to positive territory for first time in over a year in February, rising by 0.7% month on month, the latest Nationwide House Price Index has revealed. The annual rate of change returned to positive territory for first time since January 2023, with prices up 1.2% year on year. The average house price was £260,420, compared to a slightly lower figure of £257,656 in January. Robert Gardner, Nationwide’s chief economist, said: “UK house prices rose by 0.7% in February, after taking account of seasonal effects. Experts Give Their Opinions: https://theintermediary.co.uk/2024/03/house-prices-see-0-7-rise-in-february-nationwide/
Following Robert Gardner of Nationwide Building Society outlining the challenges faced by First Time Buyers, in the lenders HPI update, we asked leading mortgage brokers which lenders are the most innovative when it comes to first-time-buyers, in relation to underwriting, criteria, and product creation. https://ifamagazine.com/category/mortgage-and-property/
Santander has become the first major lender to announce an increase in mortgage rates after a surprise rise in inflation last week. A selection of the bank’s standard residential fixed rates will increase by up to 0.20 percentage points for purchase and remortgage clients from Wednesday. The changes were announced as the UK’s biggest building society, Nationwide, said it was cutting its prices, bringing it closer in line with competitors. The other five “big six” lenders, including Santander, reduced their prices in the first weeks of 2024, following data in December which showed that inflation was falling faster than expected. But global uncertainties have prompted some experts to suggest that higher interest rates may be around for a while yet. Last week, the consumer prices index (CPI) measure of inflation increased for the first time since February 2023 – from 3.9 to 4 per cent. Experts give their opinions: https://inews.co.uk/news/santander-fixed-rate-mortgage-deals-increase-2868827
The UK’s biggest mutually owned mortgage provider has become the latest lender to charge more for home loans. Nationwide warned mortgage brokers today that the interest rates on much of its products would rise tomorrow. The move will take the cost of a five-year fixed rate mortgage on 95% of the value of a home to 5.24%. For first-time buyers also looking to borrow 95% of their home’s value, rates will hit 5.1%. https://www.standard.co.uk/business/nationwide-mortgage-rate-hike-budget-jeremy-hunt-chancellor-bank-of-england-b1141825.html
Nationwide Building Society is increasing support for mortgage members improving the energy efficiency of their homes by reducing the interest rate on Green Additional Borrowing to 0%. The new 0% Green Additional Borrowing products, which will be available from Thursday 1 June, will enable up to 5,000 households with a Nationwide mortgage to borrow £5,000-£15,000 up to a maximum of 90% loan-to-value (LTV) across the 2- or 5-year product term. Experts React: https://theintermediary.co.uk/2023/05/nationwide-supports-mortgage-members-making-green-home-improvements-with-0-borrowing/
The Nationwide Building Society house price index showed that the monthly decrease was steeper than the 0.3% drop recorded in December. Annually, property prices were 1.1% higher than a year ago - top mortgage firms were asked for their opinions on this latest saga. https://www.mortgagesolutions.co.uk/news/2023/02/01/house-price-growth-slips-further-in-january-nationwide/
After Christmas, Nationwide - the UK's biggest building society - has announced rate cuts on selected mortgages including some fixed-rate mortgages. Nationwide has finally taken the opportunity to cut most of its fixed rates from TOMORROW. After Christmas, Nationwide - the UK's biggest building society - has announced rate cuts on selected mortgages including some fixed-rate mortgages. Experts discuss: https://www.birminghammail.co.uk/news/cost-of-living/nationwide-announces-new-rules-account-28498630
Following the Nationwide Building Societies release of the latest House Price Index data this story shares the views of financial advisers, estate agents and mortgage brokers with us. https://ifamagazine.com/category/mortgage-and-property/
House prices have declined for the fourth consecutive month in December with the rate of annual house price dropping to 2.8%, according to Nationwide Building Societies' latest house price index. Property and financial experts give their opinion on the potential of a minor blip or a major fall in property prices in 2023. https://theintermediary.co.uk/2022/12/house-prices-dip-again-in-december-nationwide/
Nationwide Building Society has reduced the interest rate on its green additional borrowing products to 0%. The new 0% green additional borrowing products, which will be available from Thursday 1st June, will enable up to 5,000 households with a Nationwide mortgage to borrow £5,000-£15,000 up to a maximum of 90% LTV across the two or five-year product term. The experts give their opinions: https://www.financialreporter.co.uk/nationwide-launches-0-green-mortgage-product.html
Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers Moving Home and Tracker product ranges. Advisers provide comment: https://www.introducertoday.co.uk/breaking-news/2023/11/nationwides-slashed-rates-means-price-war-goes-on-to-end-of-year
Brokers today said the country’s largest building society Nationwide now appears to be an outlier in the mortgage rate price war as a number of its rivals cut rates again. Nationwide has reduced the prices of its mortgages eleven times in the last fourth months, but has held firm in recent weeks as rivals began the year with what many commentators called a “price war”. All five of the other “big six” lenders - HSBC, Santander, NatWest, Barclays and Halifax owner Lloyds Banking Group - have cut rates this year. Read experts opinions: https://www.standard.co.uk/business/nationwide-mortgage-prices-interest-rates-houses-homes-property-loan-bank-of-england-borrowing-b1132707.html
