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Lloyds TSB launches 2.94 per cent fixed mortgage

Lloyds TSB has introduced a new two-year fixed rate mortgage at 2.94%.

2 September, 2010

The product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%. There is a £1895 product fee.

Stephen Noakes, commercial director of mortgages at Lloyds TSB commented, "Twenty years on from the peak of fixed rate products, we're launching a new, market leading rate.

“Whether you're looking to buy a new home or remortgage to the stability of a fixed deal, this provides certainty of an attractive rate for two years."


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