This is a mortgage in which the Lender refunds a sum of money, either as a percentage of the loan or a flat figure, to the borrower upon completion. With this type of offer the borrower will typically be tied to the Lender's SVR by early repayment charges necessitating repayment of the cashback if the loan is repaid within a set period.
this type of mortgage provides the borrower with a cash percentage or designated sum of the mortgage total, which is paid on completion.
A mortgage which gives you a cash lump sum on completion.
Is a mortgage product, which provides a cash lump sum or a cash percentage of the mortgage amount to spend as you wish. The cashback amount is paid to the borrower shortly after completion. The interest rate applied is usually the Standard Variable Rate.