Lloyds cuts FTB rates to five-year low

Lloyds Bank has cut rates on its two year fixed rate mortgages for first time buyers, homemovers and those looking to remortgage, taking some first time buyer rates to their lowest levels in five years.

Related topics:  Mortgages
Rozi Jones
5th May 2015
lloyds bank

Two year fixed mortgage rates for first time buyers and homemovers at 0-60% LTV, 60-75% LTV and 75-85% LTV reduced by up to 0.35%. In addition, remortgage rates for two year fixes at 0-60% LTV and 60-75% also reduced by 0.10%.

2 year fixed rate reductions include:

- FTB rates at 60% LTV reduced from 1.34% to 1.24% with £995 fee for Club Lloyds customers.
- FTB rates at 75% LTV reduced from 2.09% to 1.89% with £0 fee for Club Lloyds customers.

- Remortgage rates at 60% LTV reduced from 1.39% to 1.29% with £995 fee for Club Lloyds customers.
- Remortgage rates at 75% LTV reduced from 2.14% to 2.04% with £0 fee for Club Lloyds customers.

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