Good news from Halifax
The Halifax has introduced a new mortgage scheme for First Time Buyers, it will apply to those first time buyers applying for a qualifying mortgage between the 4th May to the 28th June this year, this offer excludes Buy To Let and Large Loans over £1 million.
According to the Halifax they understand what a big expense buying a house can be, that is why they want to make life a little easier to first time buyers by giving back 1% (up to £2,500) of the total amount borrowed when taking out a mortgage.
Cashback will be paid within 30 days of mortgage completion, into the bank account that the mortgage payment comes from.