Compare Lloyds mortgage rates and fees | Finder UK

Lloyds mortgages review, rates and comparison

Lloyds Bank offers a range of fixed rate mortgage deals that could be suitable for you.

Lloyds Bank
Many customers praise "friendly and helpful" staff
Not always at the top of the table for rates
Lloyds Bank was founded in 1765 and offers a comprehensive range of financial products and services. First-home buyers, mortgage switchers and current or potential landlords alike will find plenty of options at Lloyds, and the lender won high praise from customers in our latest customer satisfaction survey.

Compare Lloyds Bank mortgages

Data updated daily
Name Product Initial rate Revert rate (SVR) Maximum LTV Overall cost for comparison Apply link
Lloyds Bank
1.09% fixed until 31/08/2023
3.59% variable
60%
3.5% APRC
Check eligibility
View details
Lloyds Bank
1.09% fixed until 31/08/2023
3.59% variable
60%
3.5% APRC
Check eligibility
View details
Lloyds Bank
1.16% fixed until 31/08/2023
3.59% variable
60%
3.4% APRC
Check eligibility
View details
Lloyds Bank
1.16% fixed until 31/08/2023
3.59% variable
60%
3.4% APRC
Check eligibility
View details
Lloyds Bank
1.27% fixed until 31/08/2026
3.59% variable
60%
3% APRC
Check eligibility
View details
Lloyds Bank
1.27% fixed until 31/08/2026
3.59% variable
60%
3% APRC
Check eligibility
View details
Lloyds Bank
1.38% fixed until 31/08/2023
3.59% variable
75%
3.5% APRC
Check eligibility
View details
Lloyds Bank
1.38% fixed until 31/08/2023
3.59% variable
75%
3.5% APRC
Check eligibility
View details
Lloyds Bank
1.39% fixed until 31/08/2026
3.59% variable
60%
3% APRC
Check eligibility
View details
Lloyds Bank
1.39% fixed until 31/08/2023
3.59% variable
75%
3.5% APRC
Check eligibility
View details
loading

Compare up to 4 providers

Overall representative example
If you borrow £170,000 over a 25-year term at 1.65% p.a. (fixed) for 62 months reverting to 3.59% p.a. (variable) for the remaining term, you would make 62 monthly payments of £691.94 and 238 monthly payments of £825.30. The total payable would be £240,614.68, which includes interest of £ 69,322, valuation fees of £248 and a product fee of £995. The overall cost for comparison is 2.9% APRC representative.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

What types of mortgage can I get with Lloyds?

  • Fixed rate: Your interest rate will remain fixed for a set amount of time, providing certainty as far as the size of your mortgage payments.
  • Remortgages: You can switch your existing mortgage to Lloyds Bank via one of its remortgage products.
  • Interest-only: Your monthly repayments will only take mortgage interest into account. You’ll repay the capital at the end of the mortgage term.
  • Offset: You’ll use the funds in your Lloyds Bank savings account to offset the amount of your mortgage balance you pay interest on.
  • Buy-to-let: This mortgage allows you to borrow money to purchase an additional property and let it out to tenants.
  • Shared ownership: This mortgage allows you to buy a percentage of a property and pay rent on the remainder. You can then apply to buy additional percentages of the property as and when you can afford to do so.

How to apply

You can apply online, by calling 0800 783 3534 or by visiting a local branch.

What information do I need to provide?

You’ll need to provide personal details and financial information. You might need to show payslips and/or bank statements to back this up. The lender will also want to see details of any existing debt you have.

Eligibility criteria

Usually, you must be 18 or over to apply and not more than 80 when your mortgage term comes to an end.

All applicants will be subject to an affordability test or credit check. Lloyds Bank has an affordability calculator on its website, which estimates how much you may be able to borrow. The maximum borrowing amount is £5 million.

Contact details

For general mortgage queries, call 0800 783 3534 or visit a local branch.

Lloyds mortgages customer reviews

Lloyds Bank was highly commended in our 2021 Mortgages Customer Satisfaction Awards. Lloyds finished 2nd in our mortgages customer satisfaction survey, scoring 4.5 out of 5 stars, and 91% of its customers saying they would recommend the service. In our survey, customers seemed happy with their experiences with Lloyds, feeling it’s a trusted and reliable provider, with a helpful customer service team.

Here is some of the feedback we got from Lloyds mortgage customers:
“I have found them very helpful”
‘Whenever I need to address a problem with them, they’re always willing to help”
“They have helped me throughout my mortgage application”
“They have been very consistent in service delivery”

“Lloyds is a well-established high street name, offering a range of different mortgage options,” says Michelle Stevens, Finder’s deputy editor for mortgages. “When it comes to selecting and applying for a mortgage, it’s always important to do your research on the various lenders and deals available to you. Using a mortgage broker may save you time when researching the wider mortgage market, although be mindful of any fees involved.”

Frequently asked questions

Mortgage ratings

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our customer satisfaction scores (“Customers say”) are based on a survey of 893 customers carried out in December 2020.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

  1. Finder Mortgages Customer Satisfaction Awards 2021

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site