Lloyds and C&G launch tracker range

Lloyds TSB and Cheltenham & Gloucester are launching tracker ranges tomorrow with rate cuts of up to 0.7%.

Rates in the tracker range start at 3.69% for a two-year tracker at 75% LTV with a 2.5% fee.

Other tracker rates include a two-year tracker deal starting at 4.09% with a £1995 fee and a full-term tracker at 4.15% with a £995 fee. Both products are available at 60% LTV.

Each tracker includes the All Weather option. This allows customers to switch to a Lloyds or C&G fixed rate product at any time during the deal without incurring early repayment charges.