Lloyds extends Lend a Hand - Mortgages - News - Moneyfacts


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 It is now over 6 months old so the content may be out of date.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.

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