Lloyds Bank is making new reductions across its mortgage range focus on customers looking to buy their first home.
The rates on the fixed mortgage products have been reduced by up to 0.40 percentage points and are for loan-to-value (LTV) ranging from 75 to 85 per cent.
The new offers are available from today, 2 March.
They include:
- A 2.19 per cent two-year fixed rate mortgage at 75 per cent LTV and with a £995 fee. Club Lloyds customers are getting an even lower rate, of 1.99 per cent.
- A 2.74 per cent two-year fixed mortgage at 85 per cent LTV with a £995 fee. Club Lloyds customers will receive the product at a rate of 2.54 per cent.
Apart from the current rate cut, Lloyds Bank announced today it will refund one month’s standard mortgage payment for qualifying homemovers, up to the value of £1,000.
