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Nationwide's full name is the Nationwide Building Society. The society was founded in 1848, and today it has more than 700 branches in the UK. They are the second largest savings provider in the UK, and they're the fourth largest mortgage lender in the country.
Nationwide is unique in that their loan rates do not vary from applicant to applicant. If you are accepted for a Nationwide loan, you will receive the same rate as everyone else within the loan amount you are borrowing. If you apply for a loan of £7,500 or more, you will receive their lowest rate. If you apply for lower amounts, say £1,500, you will receive their highest rate. There are four different rates for loan amounts ranging from £1,000 to £25,000.
You may not have any outstanding CCJs, and you must be over the age of 18.
If you are in the market for a financial product like a loan or a mortgage, use our tools on SimplyFinance.co.uk to find the best company and product for you, keeping in mind that this article should not be interpreted as financial advice or as a recommendation by SimplyFinance to use any individual service or to invest with any company advertised or mentioned.
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