Buying a home

• Preferential rates for our current account customers.
• Free Home Harmony service to help you in the first year.
• As a current concession during the early repayment charge period you can repay up to 10% of the balance each year without a charge.
• In most cases, borrowing of up to 90% of the home’s value, which means you’ll need a minimum deposit of 10%.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Fixed-rate or tracker mortgage?
Fixed-rate mortgages have monthly payments that do not change during a set time. This could help you to budget, as costs will not go up or down, even if interest rates do.

Tracker mortgages have monthly payments that change in line with the Bank of England bank rate. Your payments are cut when interest rates go down, but costs will increase if interest rates go up.

More information about mortgage types.  

Interest-only or repayment?
With a repayment mortgage, each payment reduces the borrowed amount as well as paying interest. At the end of your mortgage, it will be paid off as long as all repayments are met.

If you pay on an interest-only basis, you’ll only pay interest on the borrowed amount. The total borrowing will stay the same. So you’ll need to show how you plan to pay it all off at the end.

More information about repayment options.

Buying a home
There's more to buying a home than just a mortgage.
See our guide for buying a home.

If you're buying for the first time, see how we could help you get onto the property ladder.

Already have a mortgage with us?
If you already have an existing mortgage with us and you’re moving home, you may be able to take the mortgage with you. Keep your current mortgage when moving home.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE                

See information about the costs, our mortgages and how to apply.

With our easy-to-use mortgage calculators we can help you work out your costs.

 How much could I borrow?
Use our borrowing calculator to get a good idea of how much you could borrow.

Remember that in most cases the most you could borrow is a maximum of 90% of the property's value. If you’re purchasing a new-build property, our mortgages are only available for borrowing up to 80% of the property’s value, which means you’ll need a deposit of at least 20%.

Go to Borrowing Calculator.

 How much will it cost?
Use our mortgage payments calculator to see how much your monthly payments could cost.

Go to Mortgage Payments Calculator.

Mortgage product fees
Usually there’s a choice of mortgages with different product fees. The costs are shown in the rate tables. Generally you’ll get a lower mortgage rate in return for a higher fee, or no fee with a higher rate. The fee will be added to the mortgage, you can choose to pay it off or leave it on to spread the cost.

More information about paying your product fees.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE                

See information about the basics, our mortgages and how to apply.

Choosing a fixed rate will help you budget more easily around your monthly costs. The rate you pay will stay the same each month until a set date, whatever happens to interest rates generally.

• 2-Year Fixed-Rate Mortgages
• 3-Year Fixed-Rate Mortgages
• 4-Year Fixed-Rate Mortgages

A tracker mortgage rate moves in line with the Bank of England bank rate, so your monthly payments could go up or down (within one month) depending on how the base rate moves.

• 18-Month Tracker Mortgages
• 2-Year Tracker Mortgages

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

If you’ve got a Lloyds TSB current account that has £1,000 or more paid into it every month, you could apply for our best mortgage rates.

Other mortgages are available if you don’t bank with us or want to borrow more than £1million. Call 0800 783 3534 or visit a branch for details.

Please note: early repayment charges apply on some deals, see our mortgage details.

See information about the basics, costs and how to apply.

Will Lloyds TSB lend to you?
A number of things are taken into account when deciding if we can lend to you. Find out if you're eligible.

Start online
It’ll take around 20 minutes to provide your details, and then a mortgage expert will call you back.

You'll just need to let us know the following:

• Income details
• Bank account details
• Any existing mortgage details
• Address details for the last 3 years
• Any outstanding financial commitments

Or to speak to a mortgage expert, call 0800 783 3534. We’re open from 8am-8pm Monday to Friday and 9am-2pm on Saturdays. We’re closed on Sundays and Bank Holidays. Or visit your local branch.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE                

After you’ve applied
Find a conveyancer
Once you’ve applied for a mortgage, you’ll need to appoint a solicitor or licensed conveyancer to deal with all the legal aspects.

Protecting your home and family
Think seriously about insuring your property, but also consider protecting yourself against the financial consequences of unemployment, sickness, critical illness or even death.

See information about the basics, costs and our mortgages.