Lloyds launches mortgage overpayment scheme

Lloyds Banking Group is inviting its standard variable rate (SRV) mortgage customers to increase their monthly repayments.
Under a new scheme that will run for a year, borrowers can overpay by up to 20% without incurring a financial penalty.
Research by the bank, which is the UK’s biggest mortgage lender, suggests over 63% of mortgage customers would [...]

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