Lloyds TSB
Lloyds TSB is one of the traditional "Big 4" British banks, and has recently become one of the biggest, by agreeing to take over HBOS plc. This will create a single company with over one third of the UK mortgage market.
The HBOS deal aside, Lloyds TSB has been leaping ahead as a mortgage lender in its own right. With many other lenders affected by the international credit slowdown, the bank grabbed a huge 24% share of new lending in the first half of 2008.
(You can use the enquiry form on the right, any time, to get expert advice on Lloyds TSB mortgages and a market-wide comparison of other lenders).
Lloyds TSB Mortgages in more detail
Introductory rates start from 4.49%, on a 2-year fixed rate deal that has a percentage-based fee. If you were moving a £100,000 mortgage to this rate, you'd pay £2,599 in fees.
Like most of the lowest Lloyds TSB interest rates, this is available on mortgages up to 75% loan to value.
If you need higher borrowing than this, you'll find rates up to 85% LTV start from 6.09%. And on 90% remortgages, there's a fixed rate of 6.69% (2 years) with a £995 fee for that one.
Their Standard Variable Rate has been reduced in line with Base Rate cut, and now stands at 5.00%.
There are 77 different UK residential mortgages currently on offer from Lloyds TSB. In addition to that, they offer mortgages in these categories:
- Buy-to-let mortgages
- Overseas mortgages
- Islamic home finance (through Alburaq).
Choosing a Lloyds TSB Mortgage
With such a big range to choose from, and dozens of competitors to compare as well, we suggest that the best way to find out if Lloyds TSB mortgages are right for you is by speaking to an FSA-qualified mortgage adviser.
You can use the quick mortgage enquiry form on your right, to get impartial mortgage advice and a quote, representative of the whole of market, with no strings attached.
Alternatively, if you prefer to call rather than filling in the form online, you can speak to an assistant any time by calling 0845 803 5502 (24 hrs).