Before you apply, there are some important things you need to consider.

To apply for a joint loan

You can apply if:

  • you live at the same address.
  • you have a combined monthly income of at least £700 after tax.
  • you are both UK residents.
  • you are both between 18 and 79 years old.
  • at least one applicant is a Nationwide member.

You’re a member if you have a mortgage, savings or current account with us.

Find out more about Nationwide membership

Why take out a joint loan?

Some of our members take out a joint loan so they:

  • can share the cost of the loan and responsibility for paying it back
  • might borrow more than if they applied on their own.

Paying back the loan

You're both legally responsible for keeping up repayments and paying back the full loan amount. This doesn’t change, even if either of your personal circumstances or relationship does. Once you have opened a joint loan, it’s not possible to remove one person from the agreement.

Joined credit histories

If we approve your joint loan, your credit histories, good or bad, will get linked.

Any future credit search may see the other person's credit history as well as yours. Your credit rating could be affected if the person you applied with has or develops a poor rating.

Loan calculator

Get an estimate of how much your monthly repayments could be to see how much you might be comfortable borrowing and repaying.