Lloyds Bank has become the latest lender to launch products under the Help to Buy mortgage guarantee scheme.
The bank will offer two products under the scheme with cheaper rates on offer to existing customers. A fee-free two-year fix will be available at 5.59% for Lloyds Bank current account customers and 5.79% for others. Another two-year fix, with £995 fee, is on offer at 5.19% for existing customers and 5.39% for those without a Lloyds current account. Fellow Lloyds Banking Group brands Halifax and Bank of Scotland have been offering products since the scheme's launch in October. Aldermore was the last lender to enter the scheme in December while HSBC, Halifax, Bank of Scotland, RBS, N...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes