If you're a homeowner, you might be able to borrow more money against your home. This means taking out another mortgage alongside your existing Nationwide mortgage, and is also called a 'further advance'.
Borrowing more might make sense if you want to make improvements to your home, or build an extension, for example. Or you might want to borrow more to buy land, buy an additional share in shared ownership property or buy out partners/joint borrowers.
This additional loan would be linked to your property, so deciding to borrow more against your home is not a decision to take lightly. If you aren't able to keep up your new repayments, your property could be repossessed. Below you'll find information on how borrowing more works, as well as what some of your other options might be.