Lloyds Bank has launched new offers for remortgage customers and first time buyers.

Remortgage customers can get a refund of a standard monthly mortgage payment, up to £1,000. Those applying for a mortgage between 1 August and 6 October 2014, and completing by 1 December, will receive the cashback in December.

Separately, between 1 August and 6 October 2014, first time buyer customers could get up to £700 back on a pre-loaded MasterCard Gift Card when they complete on their mortgage with Lloyds Bank.

When they apply and complete, customers will qualify for £500 on the card for the mortgage, a further £100 if they also take their home solutions insurance with Lloyds Bank, and a further £100 if they take out a Protection for Life policy with Lloyds Bank too.

Marc Page, mortgages director at Lloyds Bank, said: “For some of our remortgage customers, Christmas will come early as they’ll have their monthly mortgage payment refunded by Lloyds Bank.

“We are committed to providing good value for our mortgage customers, and these two new offers will ease the financial burden for first time buyers and those looking to remortgage over the next few months.”