Eight big lenders offer no loyalty discount on mortgages
Of 5,921 remortgage products, only 150 were exclusive to existing borrowers, around 3%.
Barclays, Lloyds, Halifax, NatWest and RBS have all told Which? they don't give existing mortgage customers a discount for staying.
They're among eight lenders saying no. Of the 15 big lenders that replied, only West Brom Building Society explicitly confirmed cheaper rates for existing borrowers.
Want a discount through your bank account instead? At Barclays or HSBC that means premier banking, with an income of at least £75,000 (Barclays) or £100,000 (HSBC), or £100,000 in savings or investments.
Should staying with your lender count for anything?
Full story: Which? – Consumer news
