Lloyds Bank to pay legal fees
From today, Lloyds Bank will pay for basic legal work on a property purchase, for those using the Lloyds Bank econveyancing service.
As well as saving customers money, the offer will also reduce the time it takes to source a legal representative to carry out the conveyancing work needed.
By using the econveyancing service, home buyers can choose from a panel of conveyancers that are recommended based on price, distance or rating.
For home movers and first time buyers, rates include a 2 year fixed at 0-60% LTV from 1.84% with £995 fee for Club Lloyds customers, and 2.04% otherwise.
Any customer with a Club Lloyds current account can receive a mortgage rate reduction of 0.20%.
Andy Mason, Mortgages Director at Lloyds Bank, said:
"Through our mortgage offers, we’re always looking at ways of delighting our customers and giving them more for their money. This latest offer will help to ease the financial burden on them whilst helping to make the home buying process as stress free as possible.”
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