
L&C Mortgages, the UK’s largest fee free mortgage broker, has launched an exclusive range of market leading three year fixed rate mortgage deals.
Offering rates from as low as 4.02% and available to homeowners looking to remortgage, the deals also come with the incentives of a free valuation and help with basic legal costs or a £250 cashback.
The new exclusives not only offer leading rates in their market segment but also undercut 2-year remortgage rates and the majority of the 5-year market, offering an alternative option for borrowers unsure as to whether to lock in over the short or medium term.
David Hollingworth, associate director at L&C Mortgages said,
“Volatility in global markets has opened the opportunity for lenders to cut fixed rates. Whilst some positive moves have been made for purchase borrowers these deals provide a sharply priced rate for those coming to the end of a current deal.
Three-year rates are often overlooked but offer a good middle ground for those wracked with indecision over how long to fix. That doesn’t have to come at a compromise on rate and this is a chance of a longer period of certainty at a rate that beats shorter- and longer-term deals alike.”