Lloyds Bank is set to bring down the rates across its two-year fixed rate mortgages to 0.20%.

Lloyds Bank mortgages director, Marc Page, said over the last two years more people have started to move up the ladder, and it is good news that the market is starting to move again.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

"However, even if you’re not looking to buy a new home, it’s still a good time to see if you could save on your monthly repayments by remortgaging. Through these changes, we’re introducing some competitive options for homeowners," Page added.

The new rates are applicable for all the current account holders of Lloyds Bank.

The new rate for remortgage customers is a 2-year fixed rate of 3.34% with a £995 fee available up to 85% loan-to-value (LTV).

Rates for Lloyds’ homemovers include a 2-year fixed rate of 2.29% with a £995 fee available up to 75% LTV.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Other rates for homemovers include 3.39% with a £995 fee available up to 85% LTV or 3.19% for customers with Lloyds Bank current account.