L&C Mortgages has launched an exclusive range of 3-year fixed rate mortgage deals.
Offering rates from 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 aim to offer 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.”
He added: “3-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.”
