Lloyds Bank has cut rates on a number of mortgages for homemovers, first time buyers and remortgage customers.
Selected rates have been reduced by up to 0.3 percentage points.
- 5 year homemover and first time buyer mortgages at 75-80% LTV reduced by up to 0.31 percentage points., to 3.98% with £995 fee, or 4.18% with £0 fee.
- 5 year homemover and first time buyer mortgages at 60-75% LTV reduced by up to 0.21 percentage points., to 3.78% with £995 fee, or 3.98% with £0 fee.
- 2 year remortgage rates at 75% LTV reduced by 0.10 percentage points., to 2.49% with £995 fee or 2.94% with £0 fee.
Marc Page, mortgages director at Lloyds Bank said: “These significant rate cuts to our mortgage range should provide real support to customers, whether they’re first time buyers, homemovers or those looking to remortgage.”
In addition, Lloyds Bank is rewarding customer loyalty by offering exclusive access to rates on a range of products, including mortgages. Any customer with a Club Lloyds current account can avail of a mortgage rate reduction of 0.20 percentage points.