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Cashback Mortages

Hi all,

Looking for some advice on cashback mortages, are they as good as they sound or should I be looking out for hidden pitfalls?

Chelseas Building Society offer 6%.

Hope people can help.:confused:

Comments

  • You need to consider all the costs involved for the money advanced.

    Obviously, where a company give cashback, it is likely to be at the expense of a higher interest rate and/or less favourable terms.

    :)

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
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