Lloyds TSB has today launched a remortgage deal with cashback to assist homeowners likely to struggle with hefty Christmas bills in the New Year.
Lloyds says research suggests 64% of remortgagers are curbing their Christmas spending to meet increased mortgage repayments. The new two-year fixed rate gives remortgagers a lump sum of £500 when they switch from another lender. The mortgage has a fixed rate of 5.99% until 31 March 2010 with a £995 product fee. Alison Burns, director of network mortgage sales, says the cashback offer will give many remortgagers a boost to their New Year finances and help them spend more at Christmas time. If you would like to comment on this story, contact: John Bakie Tel: 020 7034 2682 e-mail: John.B...
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