Consumer confidence rose by two points in April, suggesting the public have come to terms with the recent rate rises by the Bank of England, says Nationwide.
HALIFAX COULD FACE action from the City watchdog after admitting the details of some 13,000 mortgage customers were stolen from a member of staff last week, according to the Guardian .
We are all aware of the fine of almost £1m to Nationwide for their lost laptop. This single laptop was stolen from an employee's house but it is reported that Nationwide failed to report the loss to the FSA.
THE £1m fine meted out to Nationwide by the FSA after a laptop was stolen from an employee's home has rapidly brought the issue of client data protection to advisers' attention.
The Financial Services Authority has fined Nationwide Building Society £980,000 for not having sufficient controls in place to protect customers from risk after an employee laptop was stolen.
First-time buyers are having to pay at least £120 per month extra to get onto the property ladder now than they would have paid 12 months ago, according to figures presented by Nationwide.
Nationwide Building Society and Legal & General have entered a joint distribution agreement for the supply of life insurance, investment and pension products.
Interest rate rises finally look to be achieving effect in the housing market, according to Nationwide's latest monthly house price index.
There is still a shortage of access to high quality financial advice on the equity release market despite increased consumer demand, suggests the organisation backing growth of the sector.
House price growth accelerated across all UK regions in the final quarter of 2006, with London continuing to lead the way in England, according to Nationwide's house price review.