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Mortgage company welcome gifts?

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  • kingstreet
    kingstreet Posts: 38,767 Forumite
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    Nationwide, Halifax and Accord send completion "gifts."

    Not sure about others.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • always_sunny
    always_sunny Posts: 8,314 Forumite
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    what are these 'gift'?
    My mortgage company credited me £1k cashback, I like that gift... not sure I would care for wine or other useless stuff! Money is nice :)
    EU expat working in London
  • Davesnave
    Davesnave Posts: 34,741 Forumite
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    We paid for our house outright, so no BS involvement.

    The vendor left us a few presents though.



    Eventually, we managed to kill them all. ;)
  • kingstreet
    kingstreet Posts: 38,767 Forumite
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    always_sunny wrote: »
    what are these 'gift'?
    My mortgage company credited me £1k cashback, I like that gift... not sure I would care for wine or other useless stuff! Money is nice :)
    These are in addition to any cashback you may receive as part of your mortgage product which is carefully costed with the rate, fees and ERC.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • eddddy
    eddddy Posts: 16,442 Forumite
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    FWIW, EAs that give welcome gifts tend to use companies like this one:

    https://www.homemovebox.com/products/welcome/

    (So you can get an idea of how much an EA has spent on your gift!)

    I suspect mortgage lenders use similar companies, but have probably negotiated 'bulk contracts' - and as others say, some brand owners might have negotiated deals to get their products included.
  • kingstreet
    kingstreet Posts: 38,767 Forumite
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    Google 'Nationwide Home Move Box'.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • Marvel1
    Marvel1 Posts: 7,172 Forumite
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    Nationwide - 2 year tracker and the rates started dropping and being on the base tracker rate ever since (2% above BOE) - thank you Nationwide, worth more than physical gifts :)
  • Candyapple
    Candyapple Posts: 3,384 Forumite
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    Nothing from NatWest (mortgage taken out Sep 2018).
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • TBagpuss
    TBagpuss Posts: 11,204 Forumite
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    Natonwide - I got a gift box which turned up a couple of weks late,
    It had quite a lot of cleaning products, 2 'nationwide'branded mugs, 2 teaspoons, some tea and coffee, biscuits, and a bunch of home improvement magazines.

    I had not expected it and picked my mortgage based on what was the best deal for me at the time. Had the box shown up on moving day as it was suppsoed to, it would have ben quite handy because of the cleaning products. As it was, I did end up using most of the stuff eventually.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • stripeyfox
    stripeyfox Posts: 474 Forumite
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    Nationwide - we got a box of cleaning products I think and coffee and biscuits. Unexpected, nice touch
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