Keystone withdraws cashback offers

The lender said brokers have until 11:59pm on Monday 2 September to submit a full mortgage application through the MyKeystone system to ensure they receive the cashback incentive for their clients.

This cashback incentive offers up to £3,750 on loans between £750,001 and £1m and a minimum cashback of £250 on loans between £50,000 and £125,000.

Keystone sales and marketing director Phil Riches (pictured) said: ‘’The cashback tiers have been available since 30 July across all our products and have been incredibly successful with brokers.

“We will continue to listen to the brokers feedback and where possible we will adjust our products to fit their requirements.”

The deals available are:

• £250 cashback incentive offered at completion for loans between £50,000 and £125,000;
• £750 cashback incentive offered at completion for loans between £125,0001 and £250,000;
• £1,250 cashback incentive offered at completion for loans between £250,001 and £500,000;
• £2,500 cashback incentive offered at completion for loans between £500,001 and £750,000; and
• £3,750 cashback incentive offered at completion for loans between £750,001 and £1m.