Builders Incentives

Builders Incentives

Builders Incentives - Builders incentives are incentives offered by builders to purchasers of new build properties. Builders incentives may come in many forms but commonly consist of a contribution towards the mortgage deposit or cashback. Whilst builders incentives have been very popular in the past, lenders increasingly require applicants to declare any builders incentives they receive. In some cases, mortgage providers may deduct the total value of any incentives from the mortgage size to compensate for any increased property purchase price. This can leave borrowers having to cover the difference and make it more difficult to find the capital for a deposit.

To make full use of any builder incentives offered as part of your property purchase, expert advice should be sought. We have substantial experience arranging mortgages for properties with builders incentives and know which lenders are most likely to accept your case. As a comprehensive panel of lenders mortgage broker, we arrange builders incentives mortgages with a range of lenders and offer impartial advice. We also have access to a number of builders incentives deals that are not available on the open market.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

For professional and impartial advice on arranging a mortgage with builders incentives, call us today or contact us online.

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