Lloyds extends Lend a Hand - Mortgages - News - Moneyfacts


Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Lloyds extends Lend a Hand

Lloyds extends Lend a Hand

Category: Mortgages

Updated: 09/07/2010
First Published: 09/07/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Lloyds TSB has extended the availability of its Lend a Hand mortgage scheme to home movers.

Its new fixed rate mortgages, available via direct business and for house purchase only, offer rates of 4.99% and 5.69% to 31 July 2013, a maximum loan-to-value of 95%.

Both mortgages are available at a rate of 0.20% lower for clients who hold a Lloyds current account which is funded by at least £1K per month.

A Lend a Hand savings account must be opened in conjunction with a mortgage.

This is a welcome move by Lloyds TSB, which now offers 12 of the 16 products offered at the 95% loan-to-value tier.

Four out of five Moneyfacts stars have been awarded.

Find the best mortgage rate - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Homemover numbers fall for first time since 2011

The mortgage market enjoyed a record year in 2016, so it may come as a surprise to hear that the number of people moving home has fallen for the first time in five years, with fewer apparently taking advantage of the market.

2016: the best year for remortgaging since 2009

Remortgaging has certainly seen a surge in activity of late, helped in no small part by the dramatic drop in mortgage rates over the last year, so much so that 2016 as a whole proved to be the best year for the sector since 2009.

Homeowners underestimate remortgaging savings

Remortgaging has been enjoying a surge in popularity in recent months, and considering how much you could save, it’s a no-brainer! Unfortunately, many fail to realise the extent of potential savings, which could mean too few make the switch.