Nationwide

The future of Derbyshire Independent Financial Services (IFS) is uncertain following the news Nationwide is to merge with Derbyshire Building Society.

Nationwide Building Society has launched a range of bonds including a six-month fixed rate bond.

Nationwide warns the UK is facing an increased risk of recession after noting a 1.7% fall in July house prices.

House prices fell by 0.9% in June, less than half the 2.5% drop recorded in May, according to Nationwide.

Nationwide has announced rate increases to its range of fixed-rate mortgages, effective from Tuesday 3 June 2008.

A distribution agreement that will see Nationwide Building Society sell Legal & General (L&G) protection, investment and pension products came into force today.

House prices continued to fall in January but signs now suggest the decline is slowing, according to the latest figures from Nationwide Building Society.

UK house prices fell by the largest margin in 12 years during November, Nationwide announces today.

Market turmoil is unlikely to hit house prices hard in the short term but there are longer term risks, according to Nationwide.

Nationwide has today confirmed the completion of its merger with Portman Building Society and says it will run the specialist lending arms of the two societies under a dual strategy.