Halifax offering first-time buyers 1% cashback
Halifax has launched a mortgage incentive offering first-time buyers 1% cashback up to a maximum of £2,500.
Borrowers taking out a qualifying mortgage will receive the cashback within 30 days of the mortgage completing and the money is paid directly into their current account.
A host of banks and building societies have offered cashback schemes in recent weeks as they look to tempt more borrowers to taking one of their mortgages.
Halifax mortgages director Craig McKinlay was quoted as saying: “Giving first-time buyers 1 per cent of their loan amount back when their mortgage completes further underlines our ongoing commitment to first-time buyers and gives practical help with things like moving costs.
“One of Halifax’s key priorities for 2015 is to help more first-time buyers get on the housing ladder, and with this offer Halifax is giving extra cash to help them out at what is an expensive time.”
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