Lloyds Bank reduces rates across its mortgage range

Lloyds Bank has cut rates on a wide range of mortgages for homemovers, first time buyers and remortgage customers.

Available from today (19 September 2014), selected rates have been reduced by up to 0.31%. Changes include:

5 year homemover and first time buyer mortgages at 75-80% LTV reduced by up to 0.31%, 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%, to 3.78% with £995 fee, or 3.98% with £0 fee.

2 year remortgage rates at 75% LTV reduced by 0.10%, 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 to this, 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%.