L&C launches exclusive 3-year fixes

Rates on the new products begin from 4.02% and are available to homeowners looking to remortgage. The deals also come with a free valuation and help with basic legal costs or a £250 cashback.  

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.”