Nationwide (loans): verified facts and rating
Checked 2026-10-30
Score breakdown
67% backed by facts · How we rank
Nationwide (loans) against the market
The dot is the company, the line is the median of all companies in this ranking.
Published rate, % of country reference86%333%86% · median 99.5%
Support hours a week39 h84 h55 h · median 55 h
Maximum amount, % of country reference86%143%143% · median 100%
Longest term84 mo120 mo120 mo · median 90 mo
Nationwide (loans) strengths and weaknesses
Pros
- Licence confirmed by the official list or a stated licence number
- Publishes how to complain
- No arrangement fee in the standard terms
- Terms state that early repayment is free
Cons
- Online application is not open to new customers
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | Not verified | — | |
| Licensed by the regulator | Yes Nationwide Building Society, FRN 106078, list of PRA-regulated building societies, October 2026 | bankofengland.co.uk | 2026-10-30 |
| Published rate, % of country reference | 86% 5.9% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 5.9% p.a (fixed). Monthly repayment £192.15. Total amount repayable £11,529.00. · APR 5.9% · index 100 = 6.9% (median at launch) | nationwide.co.uk | 2026-10-30 |
| Free early repayment | Yes There are no charges for making overpayments or settling your loan early. | nationwide.co.uk | 2026-10-30 |
| No arrangement fee | Yes We don't charge fees on loans, so your APR will be the same as your interest rate. | nationwide.co.uk | 2026-10-30 |
| Fees or terms published | Not verified | — | |
| Complaints procedure | Yes | nationwide.co.uk | 2026-10-30 |
| Online application for new customers | No To apply, you need a Nationwide current account, savings account or mortgage. (existing clients only) | nationwide.co.uk | 2026-10-30 |
| Support hours a week | 55 h Over the phone 03457 30 20 11: Monday to Friday, 8am to 6pm. Saturdays, 9am to 2pm. Closed Sundays and bank holidays. | nationwide.co.uk | 2026-10-30 |
| Maximum amount, % of country reference | 143% We offer loans between £1,000 and £50,000 · max 50000 GBP · index 100 = 35000 GBP (median at launch) | nationwide.co.uk | 2026-10-30 |
| Longest term | 120 mo over 1 to 7 years. Or up to 10 years if you borrow £10,000 or more | nationwide.co.uk | 2026-10-30 |