Quantum Mortgages has launched a cashback product for remortgages and reduced rates across its product range.

The specialist buy-to-let and bridging lender said the new products and rate cuts would go live from 5.30pm on Thursday 4 June 2026.

Rates across its single unit, multi-unit, specialist and pro mixed-use ranges have been reduced by 20 basis points.

Quantum has also introduced a cashback product across its single unit, multi-unit and specialist ranges at up to 75% loan-to-value.

The cashback payment will be 1% of the net loan and will be paid within two weeks of completion. The minimum cashback is £1,000 and the maximum is £20,000, rising to £50,000 for a £5 million portfolio.

Harsha Dahyea, chief commercial officer at Quantum Mortgages, said: “With record numbers of borrowers coming to the end of their five-year fixed rates in 2026, many will be hit with a double whammy of increased mortgage costs plus considerable fees should they decide refinancing is the best option for them.

“Despite market volatility, we are in a strong position to bring a cashback product to market while also reducing some of our fixed rates.

“We have listened carefully to what our broker community needs from lenders right now, and we hope this new cashback proposition, alongside reduced rates, will reduce some of the cost of arranging a remortgage.”