Cheap Mortgage Deals
Cash Back Mortgages - Cheap Mortgage Deals
A lump sum of money, which can range from as little as £400 to thousands, is given by the lender i.e. cash back when the mortgage is taken out. It could be a set figure or a percentage of your overall mortgage. Sometimes be used to fund the deposit or be used for immediate home improvements. You are probably paying for this cash back in the mortgage rate you pay.
If you decide to terminate your mortgage agreement before the fixed period ends, you will usually be expected to repay the cash back amount.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Cheap Mortgage Deals is a trading name of Grovelawn Limited, which is authorised and regulated by the Financial Services Authority.
Grovelawn Limited is Registered in England & Wales number 5030300; Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY
Entered on the Financial Services Authority's Register - Register Number: 314204 - Consumer Credit Licence Number: 573287
The Financial Services Authority (FSA) do not regulate some types of buy to let mortgage, commercial mortgage, overseas mortgage, tax advice and credit or loans not secured on property.
The overall cost for mortgages for comparison is % APR.