Lloyds launches ‘hassle-free’ range

Products include a homeowner 60% loan-to-value 2-year fix at 2.49%, a first-time buyer 2-year fix at 2.99% to 75% LTV and a remortgage 2-year fix at 2.94% to 75% LTV.

Lloyds Bank has launched a ‘hassle-free’ range of mortgages where upfront costs are covered.

Products include a homeowner 60% loan-to-value 2-year fix at 2.49%, a first-time buyer 2-year fix at 2.99% to 75% LTV and a remortgage 2-year fix at 2.94% to 75% LTV.

Club Lloyds customers can get a 0.20% rate reduction.

Andrew Mason, Lloyds Bank mortgage products director, said: “Whether you’re buying a first home, moving or remortgaging – it can be a daunting and expensive experience.

“We want to help remove some of the stress and expense for customers who are ready to take their next step on the property ladder, whether they are looking to purchase their first ever property, buy a bigger family home, downsize or buy a property to rent out.”

Customers can get an agreement in principle within 15 minutes without affecting their credit history.