What is additional borrowing?

Additional borrowing is effectively taking on more borrowing from your current mortgage lender to fund things such as home improvements.

If you're already a Nationwide mortgage customer and want to borrow more, you could borrow up to 80%* of the value of your home (including your current mortgage), for any reason except to raise money for business purposes or to buy land or property to be let.

*85% for home improvements.

Am I eligible to borrow more?

You're eligible if:

  • Your main loan was taken out more than six months ago
  • Your property is not currently let
  • There are a maximum of two borrowers only on your mortgage
  • You don't have an outstanding County Court Judgment or Bankruptcy Order
  • You’re not currently taking a payment holiday.

How do I apply for additional borrowing?

Step 1

Check that you're eligible to borrow more.

Step 2

Use our quick affordability calculator to work out how much you can borrow.

Step 3

Choose how you want to apply. Online, by calling us on 0800 121 74 66 or make an appointment in branch.

Step 4

If your additional loan is approved, you'll get the money within 7 working days of accepting the offer.

Find out more

Check out our FAQs for more information, or get in touch.

Contact us

Visit us in branch

If you need to speak to a member of staff, pop into any branch. Use our branch finder to find your nearest location.

Contact us

Give us a call

If you can't find what you need on this page or in the FAQs, call us on 0800 121 74 66 and we'll be happy to help.

Frequently asked questions