Teachers Building Society has launched a new fee-free help to buy remortgage which offers £400 cashback to cover legal and admin fees.
The 3-year fixed rate remortgage at 2.99% has no arrangement fee and is designed to help homeowners who want to remortgage and stay within the help to buy scheme.
Andy Yates, business development manager at Teachers Building Society, said: “This remortgage provides homeowners not only with a reassuring fixed rate but cashback to help cover some costs incurred in the remortgage process.
“This mortgage is available to education professionals in England and Wales as well as local residents in Dorset, Hampshire and Wiltshire.
“Teachers who are members of the NUT can also get an additional £100 cash back and we can help teachers working on contracts, including NQTs and supply teachers.”