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You can hold a maximum of three mortgages or borrow up to 2 million across the Lloyds Banking Group. This includes the following brands: Lloyds Bank, Halifax, Bank of Scotland, Birmingham Midshires, scottish widows bank, Intelligent Finance and The Mortgage Business (TMB). The maximum loan size on a single Buy to Let property is 1 million.
Lloyds bank has today announced that it is to become the latest mortgage provider to offer a product that allows prospective home owners to take advantage of the government led Help to Buy initiative. The banking group will therefore be allowing homebuyers the opportunity to apply for a mortgage with a 5% deposit as of Friday 3 January.
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Stephen Noakes, Director of Mortgages, at Lloyds TSB, said: "Affordable housing schemes play a key part in helping first-time buyers onto the property ladder, and our research shows that almost half of them would now consider signing up to buy their first home.
A Lloyds Bank Help to Buy mortgage is launched. Lloyds Bank has become the second lender within the Lloyds Banking Group to launch into the Help to Buy mortgage market. Now both first-time buyers and home movers who hold a current account with Lloyds are eligible to apply for a Help to Buy deal.
Lloyds Bank launches Help to Buy mortgages2nd January 2014. From 3 January, first time buyers and home-movers will be able to apply for Help to Buy mortgages through Lloyds Bank, which today launched its Help to Buy mortgage products. This will allow homebuyers to access a mortgage with just a 5 per cent deposit.
Adjustable-rate mortgages, or ARMs, once wildly popular and then toxic are now seeing new life, but with some differences. A villain of the housing crash makes a comeback. By Ed Leefeldt.
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Lloyds bank fixed 1.43% until 31/08/2021.. Sign up to Which? Legal for full telephone support from our experts to put you on the right track.. First-time Buyer Mortgages Buy-to-let Mortgages remortgage mortgages moving home Mortgages. Guides.