If you make overpayments, you may have the opportunity to use it and underpay if you ever need to in the future.
At Nationwide, any overpayments you make will go into an overpayment reserve. As your overpayment reserve builds up over time, you'll have the opportunity to use it and underpay if you ever need to. Any underpayments that you make will reduce your overpayment reserve and result in your monthly payments increasing.
To arrange an underpayment period at Nationwide call us on 0800 30 20 11 or visit us in branch.
You may have the option to borrow back all or part of the overpayment reserve. Any overpayments will have already reduced the balance outstanding, so when it is borrowed back the balance will increase. The borrow back feature is only available if you've reserved your Nationwide mortgage before 4 March 2010.
If you would like to borrow back some of your previous overpayments on your Nationwide mortgage call us on 0800 643 044.
Find out more about overpaying on your Nationwide mortgage