Halifax is to offer to pay the stamp duty land tax rate for first time buyers who take out a mortgage with the UK lender.
The bank said it would pay the 1% stamp duty for first time buyers who are buying a property worth up to £250,000 ($417,000).
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Halifax mortgage director Craig McKinlay said: "Stamp duty can often be a cost that is overlooked, particularly by first-time buyers focused on saving an initial deposit."
The same offer ran for part of last year, during which it helped 14,000 borrowers, according to Halifax.
The offer will only apply to standard mortgages and the "mortgage guarantee", part of the UK government’s Help to Buy scheme.
TSB has been running a similar offer since partway through January.
On 3 March, the Bank of England released figures showing that in January, the average mortgage rate on offer to someone borrowing a 75% mortgage, fixed for two years, was 2.37%. For someone fixing for three years, it was 2.93%.
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