UK house prices rose by just £600 last month March 1, 2017 UK house price growth was flatter than yesterday's pancakes in February, with prices inching up just 0.6 per cent between January and February. That works out at an average of £600. Figures published by Nationwide showed prices grew 4.5 per cent in the year to February, up very slightly from January's 4.3 per cent. The [...]
Lloyds Bank, Halifax and Bank of Scotland online banking customers will soon be able to use facial recognition technology for login instead of passwords with Microsoft Hello April 17, 2017 Lloyds is the latest bank to jump on the biometric bandwagon with new plans to let users login simply by showing their face to a camera. Online banking for customers of Lloyds, Halifax and Bank of Scotland will now come with a new security option that replaces a password with a selfie or a fingerprint. [...]
Barclays, Clydesdale, HSBC, Lloyds, Santander and Nationwide Building Society all downgraded by Standard & Poor’s over Brexit fears July 7, 2016 Six UK banks have been downgraded by Standard & Poor's (S&P) over concerns about risks arising out of the recent vote to leave the EU. Barclays, Clydesdale, HSBC, Lloyds, Santander UK and Nationwide Building Society have all seen their outlooks revised to negative by the ratings agency. S&P also revised its outlook on the Royal Bank of Scotland [...]
Nationwide posts strong profit growth as mortgage lending reaches pre-recession levels May 24, 2016 Nationwide lent more money to house-buyers last year than it has done since the financial crash starting in 2007, helping the society to post strong profit growth. The figures Gross mortgage lending at the building society was up 20 per cent to £32.6bn, as the firm helped 57,200 first time buyers into a home of their own. [...]
Estate agents Savills warns current UK house price growth is unsustainable March 7, 2017 Estate agents Savills has warned that the current rate of house price growth is not sustainable in the UK as inflation and stagnating wages pile pressure on consumers. In February, house prices increased 0.6 per cent month-on-month, according to Nationwide's house price index, and since 2014, price growth has averaged 0.4 per cent, but Savills has warned that [...]
London house prices dropped by almost £1,000 this month, according to figures from Rightmove, but prices rose nationwide June 20, 2016 London house prices have dropped by almost £1,000 this month, according to the latest figures from Rightmove. The firm's regular House Price Index showed a drop of £971 in the average price of a London home, equivalent to 0.2 per cent. By contrast, the national average showed a rise of 0.8 per cent, or £2,320. [...]
London house prices dropped by almost £1,000 this month, according to figures from Rightmove, but prices rose nationwide June 19, 2016 NULL
Nationwide becomes latest lender to up its mortgage loan age limit May 9, 2016 In yet another sign millennials are drawing on the bank of mum and dad (or perhaps, grandma and grandad), Nationwide raised its mortgage borrowing age limit from 75 to 85. It means a 60-year old who is able to afford the repayments can take out a 25-year mortgage, Nationwide said. The loan limit is £150,000 and it can [...]
London house price growth grinds to a halt as the capital becomes the second slowest region in England and Wales May 15, 2017 London was the region with the second slowest house price growth in England and Wales last month, a survey out today shows. Although up 1.4 per cent annually, average house prices in Greater London fell 0.1 per cent month-on-month in April. Prices decreased by £750 to £610,418, according to the latest England and Wales House [...]
London Bridge attack: Tourism chiefs hold emergency summit over terrorism threat to £130bn industry June 5, 2017 Tourism chiefs gathered for an emergency meeting on Monday amid fears the UK's £130bn industry will be hit by the spate of recent terrorist attacks. City A.M. understands the Tourism Industry Emergency Response (Tier) Group convened to discuss what impact the latest London atrocities will have on the industry. Meetings have previously been called [...]