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ReBuildingSociety offers incentives to lenders
To put a spring in your bidding this New Year, we’re introducing a series of incentives for lenders on our live auctions, which are applied after a successful auction. You might have noticed our marketplace is becoming busier with borrowers and this is one of the ways we’re trying to meet that demand.
There’s never been a better time to introduce us to a friend either – they could instantly pick up cashback through the incentives and enjoy market-leading rates.
Each incentive is exclusive of others, so you can only qualify for 0.5% on any one loan.
- New lender – Your bids are in the first £10k of your bids across the site
- Largest lender – The highest individual contribution on any one application
- Quick lender – Within the first 10 accepted bids on one application (doesn’t apply to BidPal)
- Growing lender – Double your average bids on previous loans (if your average bid size is £20 and you make a single bid of £40, you get cashback on the £40 bid)
- Local lender – If you’re a postcode match with the borrower (first two characters)
Each incentive has a symbol that appears next to your bids, so you know whether you’re eligible for an incentive payment.