Get a cheap sofa with a home loan: Mortgage lenders lure borrowers with cash incentives and freebies

Get a cheap sofa with a home loan: Mortgage lenders lure borrowers with cash incentives and freebies

  • NatWest is giving free valuations for purchasers and cashback of up to £500 
  • M&S Bank offers 30 per cent off furniture for borrowers taking out a home loan
  • Accord is offering £1,000 cashback for borrowers taking a two-year fixed rate

Mortgage lenders are enticing borrowers with cash incentives and freebies.

Cashback deals, free valuations, legal help and money off furniture are just some of the tricks banks and building societies are using to tempt borrowers in this competitive market as they struggle to meet targets.

NatWest is giving free valuations for purchasers and cashback of up to £500 for borrowers using its broker service.

Mortgage lenders are offering a range of incentives and freebies to lure borrowers

M&S Bank is offering 30 per cent off its furniture for borrowers taking out a home loan. 

Accord, part of Yorkshire Building Society, is offering £1,000 cashback for borrowers taking a two-year fixed rate at 3.4 per cent with a 5 per cent deposit.

s.partington@dailymail.co.uk

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