Wednesday 1 October 2014

Free iPads in mortgage war

Lloyds is offering home buyers free iPad minis, in an intensifying mortgage war between major lenders.

However, mortgage experts warned against choosing a loan purely on the basis of a freebie.

The £349 internet-connected iPads, on offer for two months, up the ante in a contest for customers.

So far, the battle has featured lower fixed rate deals, cashback offers and free legal fees.

Lenders are vying for market share as the housing market recovers.

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