Nationwide Building Society is offering first-time buyers up to £2,000 to put towards Stamp Duty.
A £1,000 cashback is available to first-time buyers who hold or open a FlexAccount as their main current account and who reserve a mortgage from Nationwide’s two-, three- or five-year fixed rate range.
The £2,000 cashback is for first-time buyers who save for at least six months in Nationwide’s Save to Buy account.
The Stamp Duty holiday on properties worth up to £250,000 ends on March 24.
Martyn Dyson, head of mortgages at Nationwide, said: “The loss of the Stamp Duty holiday has been a blow for first-time buyers as they now potentially have to save more than £1,000 on top of a deposit.
“Nationwide is committed to doing what we can to help support this important part of the market. The society already offers a £500 discount on product fees and our unique Save to Buy savings account which enables savers to qualify to apply for a mortgage with just a 5% deposit.
“Add to this to our new cashback offer and it shows we really are doing more for first-time buyers.”
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