The Greek Government has today unveiled a new series of measures aimed at tackling the country’s debt problems, which has resulted in the euro recovering 0.3% to $1.3637.
Growing fears over the debt crisis in Greece have weakened the value of the euro in recent weeks as Greece takes action to reduce its public deficit from [...]
In the first of the UK house price indices for February, Nationwide has reported a 1% drop in the average value of a home, compared to a month earlier.
The decline ends nine consecutive monthly rises and the building society points out that bad weather and the end of the stamp duty holiday in January will [...]
Rising inflation is not deterring consumers from putting money aside into a savings account, according to research by Nationwide.
According to the building society, the number of occasional and regular savers is at the highest level for 16 months.
Nearly eight in ten (79%) consumers are now regular or occasional savers, according to Nationwide’s Importance of Savings [...]
Nationwide has lowered the deposit required for some of its most competitive remortaging deals, from 40% to 30%.
From today, all the lender’s existing 60% loan-to-value (LTV) fixed and tracker remortgage loans are available at up to 70%.
Since the onset of the credit crisis, remortgaging activity has been in a steady decline as lower interest rates [...]
The latest survey from the Nationwide Building Society has revealed a rise in UK consumer confidence for the month of January.
The building society’s consumer confidence index gained three points to 73 in January – nearly double the reading of 39 in the same month a year earlier.
Meanwhile, the Nationwide’s expectations index, which gauges peoples’ sentiment [...]
In the first of the 2010 house price surveys, Nationwide has announced that the average price of a home rose by 1.2% in January, compared with a month earlier.
The ninth consecutive monthly increase puts the average value of a UK home at £163,481, showing a year-on-year gain of 8.6% (up from 5.9% in December 2009).
Furthermore, [...]