Fri 19 Sep 2014 View all news articles

Lloyds Bank Makes Mortgage Rate Cuts

Lloyds Bank has cut rates on a number of mortgages for home movers, first time buyers and remortgage customers.

Selected rates have been reduced by up to 0.3 percentage points.

Deals include:

  • 5 year homemover and first time buyer mortgages at 75-80% LTV reduced by up to 0.31 percentage points., to 3.98% with £995 fee, or 4.18% with £0 fee.â€B; 
  • 5 year homemover and first time buyer mortgages at 60-75% LTV reduced by up to 0.21 percentage points., to 3.78% with £995 fee, or 3.98% with £0 fee.
  • 2 year remortgage rates at 75% LTV reduced by 0.10 percentage points., to 2.49% with £995 fee or 2.94% with £0 fee.

Marc Page, Mortgages Director at Lloyds Bank said: “These significant rate cuts to our mortgage range should provide real support to customers, whether they’re first time buyers, home movers or those looking to remortgage.”

In addition, Lloyds Bank is rewarding customer loyalty by offering exclusive access to rates on a range of products, including mortgages. Any customer with a Club Lloyds current account can avail of a mortgage rate reduction of 0.20 percentage points.

At Karl Tatler Estate Agents we are, of course, impartial when it comes to offering mortgage advice, though we endeavour to keep you informed on any information we feel you may be interested in.

Source: Best Advice 

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