New Mortgage Cashback

tracyyi

Any idea where I can find cashback for my mortgage?

cymruchris

tracyyi said:

Any idea where I can find cashback for my mortgage?

Depends on who you signed up with and what the deal was?

GrumpyDil

I don't have a clue and I suspect without knowing what mortgage company and what's the cashback for no-one else will. 

tracyyi

Sorry, looking for Barclays 2 years fixed rate at 4.81% currently.

cymruchris

Are you saying that you're looking for a mortgage that offers cashback?

tracyyi

cymruchris said:

Are you saying that you're looking for a mortgage that offers cashback?

Yes, I am looking a broker/website that offers cashback for me to sign up Barclays 2 years fixed rate 4.81%

amanda1024

If you have a Barclays current account, I think you can sign up for Barclays Blue Rewards and get £3 per month for having a mortgage with them - is that the sort of thing you meant? Note it costs £5 a month to join, but as long as you have two direct debits you get £5 per month back

amnblog

Not clear exactly what you are looking for but:

If you are an existing Barclays borrower, rate is 4.81%, no cashback

If you are looking to move your mortgage to Barclays from another Lender you can obtain 4.69% with £350 cash back.

user1977

Or to put it another way, any cashback is going to be part of the advertised product - not something you can negotiate to be thrown in by the lender.

ACG

Brokers do not really offer cashback. 

Unless you were looking at a sort of £700-800k plus mortgage, its not worth it (in my opinion). 
In addition we also have regulation to contend with, if we offer cashback to one customer there is then the argument that we are not treating customers fairly unless we offer it to all customers... So quite a few headaches involved. 

tracyyi

user1977 said:

Or to put it another way, any cashback is going to be part of the advertised product - not something you can negotiate to be thrown in by the lender.

The moneysavingexpert said Barclays has £150 cashback.