You can apply for our Family Deposit Mortgage over the phone or visit us in branch.

Call us on 0800 30 20 10 (UK)
Find your nearest Nationwide branch

Family Deposit Mortgages from Nationwide

Think back to when you saved for your first home – or towards that next big move. All those extra hours worked, those little treats you went without. All that effort for a place to call your own.

It’s no easier today than it was then. In fact for many, it’s now even harder. That’s why we've created our Family Deposit Mortgage range.

How does a Family Deposit Mortgage work?

Say you already have a mortgage with us. Borrow against part of the equity in your home, and you can gift that additional borrowing to a family member as a deposit on a home of their own.

If you’re with another lender and thinking of moving your mortgage to Nationwide, the idea’s the same – you’re free to gift that additional borrowing to a loved one to help with a home purchase.

Choosing a Family Deposit Mortgage means good news for you, too, as we'll offer you a preferential interest rate.

Who counts as 'Family'?

We know lots of people are thought of as family. So we include family members like children, step-children, spouses, civil partners, parents, brothers, sisters, grandparents, grandchildren.

Whoever you choose to help with a Family Deposit Mortgage, all we ask is that they buy their first home – or move house – with a Nationwide mortgage.

Helpers and Buyers

We call those helping family members with their deposit 'Helpers'.

The family members who receive a gifted deposit we call 'Buyers'.

Helpers need to Buyers need to
 

Have a mortgage with us and be borrowing more or be moving their mortgage to Nationwide and borrowing against the equity in their home.

 

Be buying their first home – or moving home – with a Nationwide mortgage.

 

Have a copy of their Buyer's valid Nationwide Decision in Principle (DIP) when applying for their mortgage or moving to Nationwide from another lender.

 

Have a valid Nationwide Decision in Principle (DIP) and give a copy of it to their Helper.


Have any questions? See our Frequently asked questions about Family Deposit Mortgages.

Loan to value restrictions apply. See our full Family Deposit Mortgage terms and conditions.

You can apply for our Family Deposit Mortgage over the phone or visit us in branch.

Call us on 0800 30 20 10 (UK)
Find your nearest Nationwide branch

YOUR MORTGAGE IS SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.