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Lloyds Bank offers homemovers up to £1,000 cashback

25th March 2014 Print

Lloyds Bank announces the launch of a new offer for homemovers. From Friday 28 March, Lloyds Bank will refund two months’ worth of interest on mortgage borrowing for qualifying homemovers, up to a value of £1,000.

Moving house can be a costly time, this is on top of money spent on fees, valuations and stamp duty. By refunding two months’ worth of interest on the customer’s mortgage, Lloyds Bank will help ease the financial burden on homemovers when they need it most.
 
Marc Page, Mortgages Director at Lloyds Bank, said: "Offering a refund on the first two months’ worth of interest on mortgage borrowing is a great way to help homemovers settle into their new home during this expensive time. Most people want to focus on the task of turning their new house into a home as quickly as possible, and a potential refund of up to £1,000 will help them do that.”
 
The cashback offer will be available on all homemover mortgages from Lloyds Bank, up to an including those mortgages at 95% loan to value, which includes our Help to Buy mortgage guarantee scheme products.
 
Within 30 days of completion, Lloyds Bank will make a payment to refund the two months’ worth of interest, up to £1,000, directly to the customers’ bank account.