Lloyds Bank reduces rates on 90% mortgages

From tomorrow, Lloyds Bank will cut rates on its two year fixed rate on 90% LTV mortgages for first time buyers and homemovers.

Related topics:  Mortgages
Rozi Jones
23rd October 2014
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Available from Friday 24 October 2014, customers can now benefit from the following rates:

- 2 year fixed rate mortgage at 90% LTV reduced to 3.59% with £495 fee for Club Lloyds customers. Previously this was rate was 4.34%.
- 2 year fixed rate mortgage at 90% LTV reduced to 3.99% with £0 fee for Club Lloyds customers. Previously this rate was 4.74%.

Andy Hulme, Mortgages Director at Lloyds Bank said:

“This latest set of rate reductions will provide further support to those people buying houses with smaller deposits, helping to make their repayments more affordable each month.”

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