Halifax is offering £750 cashback on qualifying mortgages to first-time buyers, homemovers and remortgage customers.
The lender’s broker-only arm, Halifax Intermediaries, offers £500 cashback to similar customers.
Halifax will pay basic legal and valuation costs for remortgagors.
Halifax mortgages director Richard Washington says: “Buying a home is one of the biggest financial commitments of our lives, whether it’s a first property or another step on the housing ladder.
“Our latest cashback offer supports customers at this expensive time and helps those remortgaging with any unexpected costs.”
The cashback will be paid automatically on completion and is available from 2 October to 2 January 2018.
Halifax dual pricing again, who’d have thought it!…and we’re all so important to them too!!
Well Halifax letting themselves down again in a competitive broker market place. Can’t help thinking that Halifax is the lender equivalent of Portsmouth FC…
From one of the largest lenders in the UK this is extremely cutting to those who feed it a large share of its business and growth. This has the potential to damage broker lender relationships for £250 a case. Some clients will cross reference information and if they can get the same deal elsewhere but an extra £250 cashback, not pay a broker fee or have to compile the overly onerous paperwork required by brokers but not lenders to have for each case id take the brokers knowledge and run to the nearest branch direct. Deplorable actions from Halifax on this and sadly it wont bother them in the slightest.