Cashback Remortgages · Buying a new home
New build mortgages
Cashback Remortgages is an FCA-regulated, whole-of-market mortgage broker arranging new build mortgages for clients across the UK, by phone, video or in person at our Uxbridge office (by appointment). New-build purchases have their own lending rules, from deposit limits on flats to offers that must last until the build completes.
Who it's for
First-time buyers and home movers buying a new-build house or flat from a developer, including off-plan purchases.
How we help
We find lenders whose loan-to-value limits suit new builds and whose mortgage offers last long enough for your build timetable, with extensions where possible.
We make sure developer incentives are declared correctly, as lenders treat them in different ways.
The process and timeline
- Reserve the plot and agree the timetable.
- Agreement in principle and full application.
- Valuation and offer (check the offer's expiry date).
- Exchange, then completion when the home is built.
Documents you'll need
Requirements vary by lender and circumstances, but expect to provide:
- Reservation form and developer incentive details.
- Photo ID and proof of address.
- Three months' payslips and bank statements, or self-employed accounts.
- Details of your deposit and where it comes from.
- Details of any credit commitments.
Fees
We don't charge a broker fee for mortgage advice. Lenders pay us a procuration fee when your mortgage completes. Lender product fees, valuation and legal costs, and any early repayment charge on an existing mortgage, may still apply. We set out every cost before you proceed.
Does cashback apply?
Cashback may be available on eligible cases once your mortgage completes. The amount depends on the type of mortgage and the loan size, and we confirm it and the conditions in writing before you proceed. Cashback is subject to eligibility and conditions.
Guides and calculators
Read more before you speak to us, or use a calculator to explore the numbers.
Your questions, answered
Do I need a bigger deposit for a new build?
Sometimes. Some lenders cap loan-to-value lower on new-build flats. Houses are often treated more like other purchases.
What if my build is delayed?
Mortgage offers expire, typically after six months. Some lenders offer extensions, which is why lender choice matters.
Do developer incentives affect my mortgage?
They can. Lenders may limit incentives or deduct them from the price they lend against.
Do you charge a fee for this?
No. Our mortgage advice is free. Lenders pay us a procuration fee on completion. Lender, valuation and legal costs may still apply, and we explain them before you proceed.
Can you help wherever I live in the UK?
Yes. We advise clients in England, Scotland, Wales and Northern Ireland by phone and video. Office visits in Uxbridge are by appointment.
Sources and further reading
Published by Cashback Remortgages, a UK mortgage broker for all types of mortgages.
General mortgage information, not a personal recommendation. Lender criteria and scheme rules can change. Ask an adviser about your circumstances and a solicitor or tax adviser about legal or tax questions. Your home may be repossessed if you do not keep up repayments on your mortgage. Most buy-to-let mortgages are not regulated by the FCA.
Discuss the next step for your mortgage
Understand your options before you make a decision.