Lloyds Bank will refund a one month mortgage payment worth up to £1,000 for customers who remortgage with it from another lender.
However, the deal is only available to customers who do so directly with Lloyds Bank and until 12 November.
The move is the latest from major lenders as they start to target the £35bn remortgage boom due in the next two months.
Brokers responding to this week’s Mortgage Solutions poll said they believed now was the best time ever to remortgage.
Owain Thomas is Features and Contributing Editor at Mortgage Solutions. He has previously covered the protection and mortgage industry, more recently he edited Workplace Savings and Benefits, and HRD Connect.
Owain won the Financial Healthcare Journalist of the Year (B2B) at the Headline Money Awards in 2014 and 2016. He also won the Protection Review's Journalist of the Year award in 2012.