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A
Cash Back Mortgage is not a type of mortgage but a specific use of a mortgage.
A Cash Back Mortgage can be achieved by over mortgaging your new property
with any mortgage lender who will offer you the higher mortgage. The mortgage
simply provides you with a cash surplus after you’ve completed the
purchase of your home.
You can use this cash for any purpose but most people end up using it for
further home improvements or furnishing their new home.
If a Cash Back Mortgage interests you, you should discuss it with a professional
mortgage broker. Ask for a quote today and we’ll arrange for a Mortgage
Adviser to phone you with the next 24 hours.