Lower deposit mortgage rates are cut by Lloyds Bank.

Lloyds Bank has announced that it has lowered its 90% LTV mortgage rates by up to 0.30%.

Deals have been reduced across the lender’s lower deposit mortgage range and include products for both home movers and first time buyers.

For existing home-owners looking to move both 2 and 5 year fixed rate mortgages have been cut, deals start from 4.29% for those with a 10 % deposit. Fees are charged at £995 and in addition 1 month's payment will be given back to Club Lloyds customers.

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For first time buyers looking to climb on the property ladder with a 10% deposit various 90% LTV 2 and 5 year fixed rate mortgage rates start from 3.84% with a £995 fee.

If you would like to review the Lloyd’s range against the wider market call an adviser at Deal Direct.

We can compare all mortgages available at your deposit level on a ‘like for like’ basis to ensure that you end up with the most competitive offer.

For impartial advice and a low rate quote tailored to your needs, call us on 0800 048 8828. 

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Article published: Friday, April 24, 2015
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