Cashback Mortages

There are several variations on the cashback theme


Valuation Refund

You pay the fees on application and if the deal completes, the Lender will refund the valuation fee up to a given limit.


Legal Fees

On completion, the Lender will release a cash sum, intended to help pay your legal fees


Cash Back

On completion, the Lender will release a cash sum, usually a percentage of the loan, for any purpose you want.

In all cases, make sure these are genuine cash back offers, not a further advance in disguise !

See also Redemption Penalties

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