Lloyds Bank has launched a new remortgage offer that will enable customers to get one standard monthly mortgage payment refunded in December.
All customers who apply for the deal from today till 6 September and complete before 1 December will be eligible for a refund of up to £1,000, the bank has announced.
The offer is aimed at providing customers with some breathing space around the Christmas holidays when personal expenses usually go up.
Remortgage rates from Lloyds Bank include:
- 1.79 per cent two-year fixed mortgage at 0-60 per cent loan-to-value (LTV) with £995 fee. The fixed rate for Club Lloyds customers is 1.59 per cent.
- 1.99 per cent two-year fixed mortgage at 60-75 per cent LTV, with £995 fee. The rate for Club Lloyds customers stands at 1.79 per cent.
Lloyds Bank also continues to provide its Switcher Service, which offers customers a dedicated mortgage adviser and no charge for the valuation and basic legal fees.
Andy Hulme, mortgages director at Lloyds Bank, said:
“We are committed to providing good value through our mortgage offering, and this will help ease the financial burden on remortgage customers over the festive period, which we all know can be an expensive time of the year.”
