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Lloyds TSB home

Buying a new home

If you already have a Lloyds TSB or C&G mortgage but you want to move home you can always take your mortgage with you, with no hassle. If you don’t already have a mortgage provided by us, see our mortgage range.

We’ll help you find a new mortgage deal that suits you

  • Keeping things simple –  when you’re moving home you have enough to think about, so let us take care of your mortgage and you’ll have one less thing to think about.
  • Stay on your current rate – by just moving your home and not adding any more to your loan you can take your current deal with you so there’s no need to shop-around, saving you time and effort to spend on more important things.
  • You could switch deals – if your current fixed-rate deal is within its final 12 months you may be able to switch to another offer without paying an Early Repayment Charge. You may still need to pay a product fees depending on the new deal you choose.
    See our current mortgage range

What if I need to borrow a different amount when I move?
It's quite possible that when you move, you'll change the size of your mortgage, depending on the value of your new home.
If you're taking your original mortgage and Early Repayment Charge  terms with you:

  • and you need a bigger mortgage, then you can borrow the extra on the basis of any other mortgage available at that time, See our current mortgage range
  • and your replacement mortgage is for a smaller amount, you may have to pay part of the Early Repayment Charge based on the difference between the old and the new mortgages.

Bear in mind that before agreeing any replacement mortgage, circumstances will need to be checked and we will need to be satisfied that the property you are buying is suitable security for the loan.

When your current deal ends, in most cases your interest rate will switch to the Standard Variable Mortgage Rate, which could be higher or lower than the rate you have been paying and may vary over the remaining term of your mortgage.

See our current Standard Variable Mortgage Rate.

How do I apply?

Start your Mortgage application, opens in a new browser window.Ready to get your mortgage application started?
Start your application online and one of our Mortgage Experts will contact you.

Speak to a Mortgage Expert
If you prefer to talk through your options call 0800 783 3534*. We're open 8am-8pm Monday to Friday and 9am-4pm on Saturday. Or you can visit a branch - call to arrange an appointment on 0845 3000 000.

 

C&G mortgages are provided by Lloyds TSB Bank plc and administered by Cheltenham & Gloucester plc. Lloyds TSB Scotland plc offer their own range of mortgages, find out more.

* We may monitor and/or record telephone calls in case there's a need to check that your instructions have been carried out correctly and to help improve our service quality.