Lloyds is offering home buyers free iPad mini tablets in an intensifying mortgage war between major banks.
The £349 internet-connected Apple iPads, on offer for two months, raise the stakes in the contest for customers. Rival lenders are promising to pay council tax bills or giving cash rebates. However, mortgage experts are warning borrowers not to choose a loan purely on the basis of a free gift. Lloyds says the iPads will help customers who fear being cut off from the internet while they move house. But Pat Bunton, director of mortgage brokers London & Country, said: "Consumers shouldn't get seduced by gimmicks. "It's more important to get the best deal and buy the iPad out of the savings from that.".....Read more here