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How many months' bank statements for additional borrowing within Nationwide?

doraspenlow
doraspenlow Posts: 68 Forumite
Third Anniversary 10 Posts Name Dropper
in Mortgages & endowments
Hello. I wondered if anyone knows the answer to this quite specific question, please:

If I bank with  Nationwide, and I have my mortgage with Nationwide, and I am looking to apply for additional borrowing from them, how many months of bank statements will they look at?

Nothing dodgy, just thinking about getting some ducks in a row.

Comments

  • ACG
    ACG Posts: 24,076 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    They can probably go as far back as they like. I dont think their terms limit them to a particular period. 
    That can be the downside of applying to your bank. 

    You would expect it to be no more than 3 months though. 
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • kingstreet
    kingstreet Posts: 39,020 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    For a full app it's usually one to three, depending on LTV and credit score.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • doraspenlow
    doraspenlow Posts: 68 Forumite
    Third Anniversary 10 Posts Name Dropper
    Thank you both. It'll be about 53%LTV and credit file is problem-free.
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