Money News
Lloyds TSB and Cheltenham & Gloucester will reduce a number of mortgage rates on Tuesday 29 July by up to 0.38%. Both brands will also introduce a new product range for loans between £50,000 and £250,000.
Example rate reductions include:
|
Brand
|
Range
|
Product
|
New Rate
|
Reduction
|
|
Lloyds TSB & C&G
|
£50,000-999,000
|
2 yr fixed (75%)
|
6.29% (£995 fee)
|
0.05%
|
|
Lloyds TSB & C&G
|
£50,000-999,000
|
2 yr fixed (90%)
|
6.69% (£995 fee)
|
0.11%
|
|
Lloyds TSB & C&G
|
£50-999,000
|
2 yr tracker (75%)
|
5.89% (+0.89) (£995 fee)
|
0.10%
|
|
Lloyds TSB & C&G
|
£50-999,000
|
Full term tracker (80%)
|
5.95% (+0.95) (£995 fee)
|
0.38%
|
New product range £50,000-250,000:
|
Brand
|
Product
|
Rate
|
|
Lloyds TSB & C&G
|
2 yr fixed (75%)
|
5.99% (£1995 fee)
|
|
Lloyds TSB & C&G
|
2 yr tracker (75%)
|
5.69% (+0.69) (£1995 fee)
|
29 July 2008 © Moneyextra.com
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