Return of Cashback Mortgages?

October 12th, 2016

Mortgage deals that offer cashback are back, says the Herald.

These offers, which typically give borrowers a cash sum of several hundred pounds on completion, were popular a few years ago but had almost vanished from the market. Halifax has leapfrogged most other offers with a £1,000 offer for new loans completed in September and other lenders are expected to follow suit in what has been a quiet lending market since the BREXIT vote in June