Lloyds Bank launched £500 cashback to customers who remortgage from another lender to the bank.

The offer is be available for customers who apply for a qualifying mortgage before 2nd January 2017.

Customers can also benefit from the bank’s Hassle Free mortgage service, which offers free basic legal fees, free property assessment, no mortgage account fee and no product fee on selected mortgages.

They also get a dedicated Mortgage and Protection Adviser to help make switching their mortgage easier.

Lloyds Bank’s remortgage products that include the £500 cashback offer are:

• A 2.84% two-year fixed rate remortgage with a £0 fee, available up to 75% of the property’s value
• A 2.99% two-year fixed rate remortgage with a £0 fee, available up to 80% of the property’s value
• A 2.94% five-year fixed rate remortgage with a £0 fee, available up to 60% of the property’s value.