The Sunday Times - Banks target wealthiest borrowers

Aaron Strutt Image

Government-backed Lloyds Banking Group is extending its best fixed-rate mortgage deals to wealthy borrowers for the first time since the credit crunch.

Aaron Strutt of Trinity Financial Group, the broker, said: “This is a significant move from C&G ... The bank evidently wants to encourage wealthy borrowers. No doubt it will be looking to cross-sell other products to them.”

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