What is borrowing back?

When you overpay your mortgage, you may want the flexibility of getting your money back if you need it (subject to eligibility). Borrowing back allows you to do this. We hold all overpayments in an overpayment reserve, so if you want to withdraw money you've previously overpaid - you can.

If you borrow back your overpayments your mortgage balance and monthly payments will increase.

Nationwide stopped offering the borrow back feature on new mortgages taken out on or after 4 March 2010.

Am I eligible to borrow back?

You're eligible if you:

  • Took out your mortgage product before 4 March 2010
  • Have the option to borrow back your reserve on your mortgage. You can use this useful mortgage features guide to find out.
  • Have made overpayments on your mortgage building up an overpayment reserve.

How do I request to borrow back?

Step 1

Check your mortgage offer to see if you're eligible to borrow back or give us a call on 0800 464 30 44 and we'll check for you.

Step 2

Call us on 0800 464 30 44 to request to borrow back. All borrowers will need to be present to give consent.

Step 3

Once you've requested to borrow back you'll receive your funds within 3-5 days.

Find out more

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

Contact us

Give us a call

If you can't find what you need on this page or in the FAQs, then call us on 0800 464 30 44 and we'll be happy to help.