Lloyds TSB launches three-year fixed rate mortgage

Monday, 10 January 2011 12:00

Lloyds TSB has launched its lowest ever three-year fixed rate mortgage at 3.74 per cent.

The product is available to first-time buyers, remortgagers and house purchasers whose loan to value is 75 per cent or less.

Stephen Noakes, commercial director of mortgages at Lloyds TSB comments: "This product has been designed to give our customers choice."

He added many borrowers will be looking for the security of lower monthly payments over the next three years, which this product provides.

Use the myfinances.co.uk comparison site to find the best fixed rate mortgage for you.

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