Lloyds cuts 5-year fix rate

Michael Lloyd

August 8, 2019

This week Lloyds Bank has reduced the rate for a 5-year fixed rate mortgage by 0.07%.

Available for remortgages at 2.01%, the deal comes with free valuation and free legal fees.

Rachel Springall, finance expert at Moneyfacts, said: “This deal may well entice borrowers looking for a competitive rate over the longer-term from a high-street brand.”

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