Lloyds TSB mortgage?

Rapished

I'm about to buy a second house all offers are accepted and going through the legal bumf, we've opted for Lloyds mortgage at 5.1 percent fixed for 2 years then onto the interest rate, we bank and have everything else with them, is this a good offer? we went for 2 years just to get that out the way then see what the interest rate is like in 2 years.

Its a 10% deposit, repayment mortgage

hcb42

have you tried money supermarket or similar to get an idea if it is comparable?

kingstreet

There are better rates available in the marketplace.

Having everything with one organisation isn't always a good idea. Do some research on "all monies" charges.

ExpertAdvice

5.1% for 2 years fixed is quite high. As mentioned, there are much better deals available How about the product fee and other fees?

wannahouse

lloyds give you a .2 % discount on the normal rate if you bank with them, and also, we were quoted 4.89% for 90% ltv, and for 85% ltv, we were quote 4.19% (or we'll be paying 3.89% as we bank with them)