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Nine out of ten borrowers are fixing rates - L&G.

Publication: Financial Adviser
Publication Date: 02-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Nine out of ten borrowers are fixing rates - L&G.(Legal and General Group PLC director Stephen Smith)

Article Excerpt
Byline: David Pawsey

Almost 90 per cent of borrowers are now fixing their mortgage rate, according to Legal & General.

In an analysis of business transacted through its mortgage club the provider revealed 87 per cent of residential borrowers opted for a fixed-rate loan in this year's second-quarter, compared...

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