Photo source: AP |
But don’t forget, a bargain is only a good deal if you were planning to splash out on it anyway.
Mortgage cashback battle
Lenders are raising the levels of cash handouts they give to borrowers.
For instance, Halifax is now offering £750 cash-back to first time buyers, home-movers and those who switch from another lender as long as they complete on a qualifying mortgage before 29 April.
Meanwhile Virgin offers up to £500 for first-time buyers and £300 to switchers and remortgagers, while there’s £250 up for grabs at NatWest and Yorkshire building society.
But it’s essential to check rates and charges to assess the total cost of the deals compared to loans without cashbacks.
By Simone Read.
Full story at Yahoo News.
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