Available from today changes include rate reductions on 2 and 5 year fixed remortgage products by up to 0.40%, and all £995 and £999 product fees reduced to £495, which includes homemover, first time buyer and remortgage products.
As a result, remortgage customers can now benefit from a 2 year remortgage at 0-60% LTV reduced by 0.15%, to 1.99% with £495 fee. Previously this was 2.14% with £995 fee. Also recuced is their 2 year remortgage at 80-85% LTV reduced by 0.40%, to 2.84% with £495 fee. Previously this was 3.24% with £995 fee.
Marc Page, Mortgages Director at Lloyds Bank said:
“The rate cuts and fee reductions on our mortgage range provide competitive options to customers looking for a good deal whether they are a first time buyer or moving up the ladder.”