Lloyds Bank has announced the launch of a new offer for homemovers. From Friday 28 March, Lloyds Bank will refund two months’ worth of interest on mortgage borrowing for qualifying homemovers, up to a value of £1,000.

Marc Page, mortgages director at Lloyds Bank, said: “Offering a refund on the first two months’ worth of interest on mortgage borrowing is a great way to help homemovers settle into their new home during this expensive time.

“Most people want to focus on the task of turning their new house into a home as quickly as possible, and a potential refund of up to £1,000 will help them do that.”

The cashback offer will be available on all homemover mortgages from Lloyds Bank, up to an including those mortgages at 95% loan to value, which includes our Help to Buy mortgage guarantee scheme products.

Within 30 days of completion, Lloyds Bank will make a payment to refund the two months’ worth of interest, up to £1,000, directly to the customers’ bank account.