Christmas refund to help Lloyds remortgage customers

20th July 2015

To ease the pressure at one of the most expensive times of the year, Lloyds Bank has launched an incentive that will refund a standard monthly mortgage payment in December for new remortgage customers.

Those who apply for a remortgage deal before September 6 and complete before December 1 will receive one standard monthly payment, up to £1,000 by December 31.

The bank’s remortgage deals include a two-year fix up to 60% loan-to-value (LTV) at 1.59% with a £995 fee for Club Lloyds customers (1.79% for other customers) and a two-year fix between 60% and 75% LTV at 1.79% with a £995 fee for Club Lloyds customers (1.99% for other customers).

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.”

*2 year fixed with TSB 1.09% then 3.59% - APRC is 3.3% Max LTV is 60%. Quoted on 27th May 2020.