Attention: You need JavaScript enabled to use this site.
We use cookies to ensure that we give you the best browsing experience on our website. This includes cookies from third party analytics providers to help us understand how you use our site so we can continually improve. You can delete and block cookies, but parts of our site won't work without them. Manage Cookies
Get up to £1,000 cashback with our latest mortgage deals
If you would benefit from an extra cash reward with your mortgage deal to support the costs of moving home, then a cashback mortgage might be the perfect choice for you.
With a cashback mortgage deal, you will get an agreed lump sum of money back from your chosen lender once the mortgage has completed. This sum can be a fixed amount (for example £200) or be calculated as a percentage of the amount you’re borrowing (for example 1%). The benefit to a cashback mortgage is that it can help recover some of the costs of purchasing your home or pay towards furnishing it.
You can find out what our current cashback mortgage deals are using the ‘Search our mortgages’ tool below.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/06/2025, followed by 5% of amount repaid until 30/06/2026, followed by 4% of amount repaid until 30/06/2027, followed by 3% of amount repaid until 30/06/2028, followed by 2% of amount repaid until 30/06/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
4% of amount repaid until 30/09/2025, followed by 3% of amount repaid until 30/09/2026, followed by 2% of amount repaid until 30/09/2027 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
4% of amount repaid until 30/09/2025, followed by 3% of amount repaid until 30/09/2026, followed by 2% of amount repaid until 30/09/2027 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
3% of amount repaid until 30/09/2025, followed by 2% of amount repaid until 30/09/2026 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
6% of amount repaid until 30/09/2025, followed by 5% of amount repaid until 30/09/2026, followed by 4% of amount repaid until 30/09/2027, followed by 3% of amount repaid until 30/09/2028, followed by 2% of amount repaid until 30/09/2029 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
4% of amount repaid until 30/09/2025, followed by 3% of amount repaid until 30/09/2026, followed by 2% of amount repaid until 30/09/2027 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
3% of amount repaid until 30/09/2025, followed by 2% of amount repaid until 30/09/2026 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
End Date
Reversion Rate
Benefits
Early Repayment Charges
3% of amount repaid until 30/09/2025, followed by 2% of amount repaid until 30/09/2026 plus interest to the date of redemption. Following the above period, interest will be charged to the date of redemption. You can make overpayments below £1,000 each calendar month without incurring early repayment charges.
*Initial estimated monthly payments are calculated based on the figures entered above on a capital and interest repayment basis.**For owner occupier mortgages, the actual variable rate applied will be based on the value of your property relative to the outstanding mortgage balance (this is known as the Loan to Value (LTV)). However, this rate will never be higher than the Society’s Standard Variable Rate at that time. For further details about what happens to your interest rate when your mortgage offer period ends, click here.
Representative example
A mortgage of £113,000 payable over 35 years initially on a fixed rate for two years at 5.42% and then on our current standard variable rate of 6.74% (variable) for the remaining 33 years would require an initial payment of £1,119.67, 27 monthly payments of £600.92, and 392 monthly payments of £697.11.
The total amount payable would be £290,753.42, made up of the loan amount plus interest (£177,628.42), an account management fee (£125 - paid upon redemption).
The overall cost for comparison is 6.7% APRC representative.
This representative example assumes mortgage payments are made on the 1st day of a calendar month.
The above representative example is for illustration purposes only and may vary depending on your personal circumstances.
The cashback is paid to your solicitors with the loan amount on the day of completion. They then distribute the money accordingly.
Mortgage cashback is not taxable, so long as it’s paid in one lump sum and does not impact the price you pay for the property. In other words, if you buy your home for £150,000 and get £250 cashback on your mortgage, the cost of the property is still £150,000. The purchase price has not reduced as a result of the cashback.
Get an idea of how much you could borrow for a mortgage in just a few minutes using our borrowing calculator.
Before you start your mortgage application, find out if you meet our minimum lending criteria.
Ready to start your mortgage application? Find out how to apply for a West Brom mortgage.
Whether you're buying a home or remortgaging, we've a range of guides to support you on your mortgage journey.
Lines are open 8.30am to 6.00pm Monday to Friday and 8.30am to 12.30pm on Saturday.
