Customers taking out a new mortgage or remortgaging with Lloyds TSB during October will not have to pay an arrangement fee.
It means they will save between £299 and £699 on the cost of arranging their mortgage.
Customers remortgaging with Lloyds TSB will also have their transfer of funds fee of £30 waived.
Lloyds TSB Mortgages managing director Jon Pain says: “Our fee free October offer comes hot on the heels of the launch of the Lloyds TSB Easy Living mortgage at the end of August, the first fully flexible and fee free full term discount mortgage. It means even more of our customers can save on product fees.”