Locate the best cashback incentives with mortgage broker, Deal Direct.
If you are a mortgage-hunter with a lower deposit, you could source a higher-than-average cashback deal with the help of mortgage broker, Deal Direct.
As the higher LTV end of the home loan market has been expanding, the number of cashback offers available has also increased. The amount being offered is also on the rise, with maximum sums reaching £1500, up from a ceiling of £1000 offered last year.
Market research has shown that mortgages with cashback included still only represent a third of the market. However, lenders including Yorkshire BS, Barclays and Sainsbury’s Bank have all recently introduced products with new or revised cashback incentives.
That said, although benefits like cashback can help with the cost of moving or paying for your own legal services, your decision to opt for one mortgage over another should be informed by other factors. While attractive, if not considered as part of the entire package, a stand-alone enticement could detract from the true value of the deal.
Mortgage broker, Deal Direct’s sole purpose is to help you navigate these choppy waters. As we have gained over 13 years’ experience in sourcing mortgages for our clients, you can rely on our ability to source an option for you that meets your goals.