Lloyds Bank launches up to £1,000 cashback on remortgage products

20 August 2018

From today Lloyds Bank is refunding one standard monthly mortgage payment up to £1,000 to customers who remortgage from another lender.The offer is available for customers who apply for a mortgage by 21 October 2018.

Customers will also benefit from the Hassle Free mortgage service, which offers:

  • Basic legal fee paid
  • Free property assessment
  • No mortgage account fee
  • No product fee on selected mortgages.

Club Lloyds customers will receive a 0.2% discount on their fixed rate and all remortgage customers can use a dedicated Mortgage and Protection Adviser to help making switching their mortgage easier.

Andy Mason, Mortgages Director at Lloyds Bank, said: “Our great package for remortgage customers means they can receive up to a £1,000 cashback, as well as being able to take advantage of our Hassle Free mortgage service and be guided through the switching process.”

Lloyds Bank remortgage products include:

  • Remortgage 5 year fixed, £995 fee at 0-60% LTV, 2.04% Club Lloyds and 2.24% otherwise
  • Remortgage 10 year fixed, £995 fee at 0-60% LTV, 2.42% Club Lloyds and 2.62% otherwise