What Are Cash Back Remortgages?

A cash back remortgage simply means that some lenders will offer you a percentage of your mortgage back in a cash lump sum. Some lenders can offer as much as 6% of your mortgage in a lump sum, which you can use for any purpose. You get the cash back either at the start of the mortgage term, or when you have paid it off. Typically a cash back remortgage is offered in conjunction with a lenders SVR (Standard Variable Rate) mortgage.

Pros & Cons

• Quick, cheap access to a large sum of money – a mortgage is nearly always the cheapest way to borrow.
• Considerably higher monthly repayments than other types of mortgage. You have to pay back the extra cash you borrowed after all!
• Likely to be an early repayment charge if the mortgage is repaid before the end of the term.

Our Offer to You

Are you looking for a cash back remortgage? We have a number of lenders who specialise in cash back remortgages. Our brokers will carry out a comprehensive search to find a competitive cash back remortgage with flexible rates to suit you. If this sounds appealing to you and you would like to find out more about the cash back remortgages available please complete the simple online cash back remortgage application form.

We can offer you a cash back remortgage no matter what your credit history or financial situation is, as we have good and bad credit remortgage specialists. A large number of our remortgages also complete within 4 weeks of applying. We will search for a suitable lender to find you a fantastic rate on a cash back remortgage.