New Mortgage Cashback

Any idea where I can find cashback for my mortgage?
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  • cymruchris
    cymruchris Posts: 4,883
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    tracyyi said:
    Any idea where I can find cashback for my mortgage?

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


    An ex-bankrupt on a journey of recovery. Feel free to send me a DM reference credit building credit cards from the usual suspects :) Happy to help others going through what I've been through!
  • GrumpyDil
    GrumpyDil Posts: 1,565
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    I don't have a clue and I suspect without knowing what mortgage company and what's the cashback for no-one else will. 

  • Sorry, looking for Barclays 2 years fixed rate at 4.81% currently.
  • cymruchris
    cymruchris Posts: 4,883
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    Are you saying that you're looking for a mortgage that offers cashback?
    An ex-bankrupt on a journey of recovery. Feel free to send me a DM reference credit building credit cards from the usual suspects :) Happy to help others going through what I've been through!
  • 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%
  • 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
    amnblog Posts: 12,388
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    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.


    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • user1977
    user1977 Posts: 13,343
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    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
    ACG Posts: 23,622
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    edited 28 December 2023 at 1:44PM
    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. 


    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • tracyyi
    tracyyi Posts: 83
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    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.

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