Your home may be repossessed if you do not keep up repayments on your mortgage.

This comparison includes all mortgages that offer cashback.
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TSB 2 Year BBR+0.69% Remortgage + Cashback
0333 3314495
Maximum LTV
60%
Initial Rate
1.19% tracker
until 31 Jul 2017
Cashback
£150
Subsequent Rate
3.99%
Overall Cost for Comparison
3.7% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year BBR+0.89% + Cashback
0800 028 6062
Maximum LTV
60%
Initial Rate
1.39% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.2% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website.
Santander 2 Year BBR+0.89% Remortgage + Cashback
0800 028 6062
Maximum LTV
60%
Initial Rate
1.39% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.1% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year BBR+0.89% Remortgage + Cashback
0800 028 6062
Maximum LTV
60%
Initial Rate
1.39% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.2% APR
Available for remortgage only.
TSB 2 Year 1.39% Fixed Remortgage + Cashback >£200K
0333 3314495
Maximum LTV
60%
Initial Rate
1.39% fixed
until 31 Jul 2017
Cashback
£150
Subsequent Rate
3.99%
Overall Cost for Comparison
3.7% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year 1.49% Fixed Remortgage + Cashback
0800 028 6062
Maximum LTV
60%
Initial Rate
1.49% fixed
until 02 Aug 2017
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for remortgage only.
The Co-operative Bank 2 Year 1.49% Fixed + Cashback
0344 844 8442
Maximum LTV
60%
Initial Rate
1.49% fixed
until 30 Jun 2017
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website.
TSB 2 Year 1.49% Fixed Remortgage + Cashback >£200K
0333 3314495
Maximum LTV
75%
Initial Rate
1.49% fixed
until 31 Jul 2017
Cashback
£150
Subsequent Rate
3.99%
Overall Cost for Comparison
3.8% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Yorkshire BS Flexi 2 Year 1.54% Fixed + Cashback
Maximum LTV
65%
Initial Rate
1.54% fixed
until 31 Jul 2017
Cashback
£500
Subsequent Rate
4.99%
Overall Cost for Comparison
4.5% APR
Santander 2 Year BBR+1.09% + Cashback
0800 028 6062
Maximum LTV
70%
Initial Rate
1.59% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website.
Santander 2 Year BBR+1.09% Remortgage + Cashback
0800 028 6062
Maximum LTV
70%
Initial Rate
1.59% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.2% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year BBR+1.09% Remortgage + Cashback
0800 028 6062
Maximum LTV
70%
Initial Rate
1.59% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for remortgage only.
TSB 2 Year BBR+1.14% Remortgage + Cashback
0333 3314495
Maximum LTV
75%
Initial Rate
1.64% tracker
until 31 Jul 2017
Cashback
£150
Subsequent Rate
3.99%
Overall Cost for Comparison
3.7% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
TSB 2 Year 1.64% Fixed Remortgage + Cashback
0333 3314495
Maximum LTV
60%
Initial Rate
1.64% fixed
until 31 Jul 2017
Cashback
£150
Subsequent Rate
3.99%
Overall Cost for Comparison
3.7% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year BBR+1.19% + Cashback
0800 028 6062
Maximum LTV
75%
Initial Rate
1.69% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website.
Santander 2 Year BBR+1.19% Remortgage + Cashback
0800 028 6062
Maximum LTV
75%
Initial Rate
1.69% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website. Available for remortgage only.
Santander 2 Year BBR+1.19% Remortgage + Cashback
0800 028 6062
Maximum LTV
75%
Initial Rate
1.69% tracker
for 24 months
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for remortgage only.
Santander 2 Year 1.69% Fixed Remortgage + Cashback Large Loan
0800 028 6062
Maximum LTV
60%
Initial Rate
1.69% fixed
until 02 Aug 2017
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.2% APR
Available for remortgage only.
The Co-operative Bank 2 Year 1.69% Fixed + Cashback
0344 844 8442
Maximum LTV
70%
Initial Rate
1.69% fixed
until 30 Jun 2017
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for existing customers only. Such mortgages might not be listed on the lender's website.
Santander 2 Year 1.74% Fixed Remortgage + Cashback
0800 028 6062
Maximum LTV
70%
Initial Rate
1.74% fixed
until 02 Aug 2017
Cashback
£250
Subsequent Rate
4.74%
Overall Cost for Comparison
4.3% APR
Available for remortgage only.

We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are indicated with purple buttons.

How to Get the Best Cash Back Mortgages

Cash back mortgages are becoming increasingly common and unsurprisingly a growing number of people are being attracted by the prospect of receiving a cash lump sum when they apply for a mortgage deal.

While they can sometimes represent a good deal you do need to research your options thoroughly.

This is because the cashback typically advertised as a reward for taking on a cashback mortgage is not a completely free lump sum. The reality is that it is part of the interest you will pay during the course of the loan will cover this cost.

For this reason cash back mortgage rates are typically higher than those offered by other equivalent mortgage deals; this is largely to cover the cost of the cash offered at the beginning of the mortgage.

These kinds of mortgages are generally seen as a being the perfection solution for first time buyers looking to get on the property ladder. This is because the cash back on mortgages can be used to pay the various fees associated with moving into your first home as well as buying the contents to furnish it.

However, unfortunately things aren't straight forward and you need to work out the total cost of a cashback mortgage over the deal term - including fees and charges - and compare it to the best mortgage deals that don't offer cashback.

In the long run, going for the cheapest deal overall will be better financially, even if a cashback mortgage will give you more money to DIY with when you first move.

Finding the best mortgage deals is essential because it's not only the mortgage rates that differ. The fees, terms of the agreement and the repayment schedule are all things that will vary from provider to provider and deal to deal so all need to be taken into consideration.

There are a great deal of cash back mortgage providers in the UK but when researching the best for your circumstances, it's important not to just take the deal that offers the cheapest interest rate or highest cashback rate.

It may sound good at first glance but until you have looked at multiple mortgages, it is very unlikely that you are able to get the best cashback mortgage.

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