98% of Nationwide customers in our 2024 customer satisfaction survey would recommend the brand to a friend
Doesn't offer offset mortgages
Nationwide mortgages review, rates and comparison
Nationwide offers a range of fixed and variable rate mortgages that could be suitable for you with rates starting as low as 4.19%.
Nationwide Building Society is the biggest mutual financial institution in the world and the second-largest mortgage provider in the UK. Keen to retain the values it was founded upon, Nationwide has maintained its mutual status over a 150-year history and continues to be run for the benefit of its members.
Compare Nationwide Building Society’s mortgage rates
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Overall representative example
If you borrow £178,000 mortgage over 25 years initially at 4.49% fixed for 60 months reverting to 7.99% variable for term. 60 monthly payments of £988.37 and 240 monthly payments of £1306.89. Total amount payable £373,335.80 includes loan amount, interest of £194,956, valuation fees of £0 and product fees of £0. The overall cost for comparison is 6.7% APRC representative.
If you borrow £178,000 mortgage over 25 years initially at 4.49% fixed for 60 months reverting to 7.99% variable for term. 60 monthly payments of £988.37 and 240 monthly payments of £1306.89. Total amount payable £373,335.80 includes loan amount, interest of £194,956, valuation fees of £0 and product fees of £0. The overall cost for comparison is 6.7% APRC representative.
Overview of mortgages
| Initial rate types | Fixed, base rate tracker |
|---|---|
| Borrower types | First-time buyers, moving house, remortgaging |
| Mortgage amounts | From £10,000 to £5,000,000 |
| Mortgage terms | From 2 to 40 years |
| Maximum LTV | 95% |
| Lowest initial rate | 4.19% |
| Longest fixed rate offer | 10 years |
| Regions covered | Great Britain, Northern Ireland |
| Applicant age | From 18 to 75 |
| Offers portable mortgages |
What types of mortgage can I get with Nationwide Building Society?
- Fixed rate. Your interest rate remains fixed for set amount of time, providing certainty about the size of your monthly mortgage repayments. Nationwide offers mortgages with fixed-rate periods of two, three, five and ten years.
- Remortgages. You can switch away from your existing mortgage provider via Nationwide’s remortgage products.
- Tracker. Your interest will shift up and down at the same rate as the Bank of England base rate.
- Buy-to-let. This mortgage allows you to buy an additional property and let it out to tenants.
- Let-to-buy. This mortgage allows you to remortgage your existing property, releasing equity so you can buy a new one.
How to apply
You can apply online, by calling 03457 30 20 10, or by visiting a local branch. For more complex mortgage types, such as shared ownership or Help to Buy mortgages, online applications are not available.
What information is needed to apply?
You’ll need to provide proof of identity, proof of address, proof of UK residency, proof of deposit and proof of earnings.
To back this up, employees will need to provide their latest monthly payslip. If you’re paid weekly or fortnightly, or you receive bonuses or commission, you may need to provide more payslips. Self-employed applicants will need to provide at least two years’ worth of accounts. You may also be asked for up to three months’ worth of recent bank statements.
Eligibility criteria
Applicants must be at least 18 years old, and no older than 75 when the mortgage term is due to end.
All applicants will be subject to an affordability assessment and credit check. If you’ve suffered more than three months of mortgage arrears in the past three years, you’ll be declined. If you’ve suffered an undischarged bankruptcy, a discharged bankruptcy less than three years ago or a property repossession, you’ll be declined.
Contact information
You can make general mortgage enquiries by calling 03457 30 20 10, using the online chat service on nationwide.co.uk, or by visiting a local branch.
Nationwide mortgages customer reviews
Nationwide was the winner of Finder’s 2024 Mortgages Customer Satisfaction Awards, with 98% of Nationwide’s customers we surveyed saying they would recommend one of its mortgages. Nationwide mortgage customers in our survey were impressed with its “hassle free, helpful support”, and that it was a “go-to provider”.
On the reviews platform Trustpilot, Nationwide has a score of 1.7 out of 5. However, it’s worth mentioning that most traditional banks we looked at had similarly low scores, and they are being reviewed across a huge range of products, not just mortgages.
Case Study: Rachel Likes the efficiency and communication of Nationwide Mortgages
Rachel Bates
Manchester
It’s been really good. They’ve always got back to me quite quickly. Every email or letter has been quite prompt. They don’t overload me with lots of email and stuff I don’t need. I get 2 letters a year with the interest statements. I chose a Nationwide mortgage because it was the best buy to let deal at the time. I got in on a 5 year deal.
If there's one thing you'd tell a friend who's thinking of getting this, what would it be?
I’ve had no issues with them. I had to change my address, but they dealt with it very quickly. The communication is really good.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Frequently asked questions
Mortgage ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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Who has the best deals with mortgages
Hi Shelley,
Thanks for getting in touch with finder. I hope all is well with you. :)
While we can’t specifically recommend a service provider, you will know the best option by assessing your current and future needs, preference, and budget. Moreover, we can help you make a better decision by visiting our mortgage comparison page.
On that page, you will see a table that allows you to conveniently compare your options. Once you find the right one for you, click on the “Go to site” green button to learn more or initiate your application.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua