A Lloyds Bank Help to Buy mortgage is launched.
Lloyds Bank has become the second lender within the Lloyds Banking Group to launch into the Help to Buy mortgage market.
Now both first-time buyers and home movers who hold a current account with Lloyds are eligible to apply for a Help to Buy deal. Its product is identical to that offered by its sister brand the Halifax.
For 95% LTV a 2 year fix is offered at 5.19% with fees of £995. A spokesperson for the lender commented advising that the Lloyds Bank Help to Buy launch will allow it to make its mortgage products more widely accessible to more people.
While there are now many Help to Buy mortgages on offer from various lenders market wide, it pays not to restrict your mortgage search to just Help to Buy.
There are lenders who have opted not to join Help to buy who are releasing mortgages with rates which can compete against those offered under the scheme.
For a thorough market wide comparison for the very best deal for your financial needs, speak to a mortgage expert at Deal Direct. Telephone today on 0800 048 8828 for advice and a quote.
For the most competitive mortgage for your deposit,
call 0800 048 8828.