MoneySavingExpert News
Halifax
If you're a Lloyds, Halifax or Bank of Scotland customer, the interest rate you're charged for using your overdraft could be going up from today (Friday 2 August). The Lloyds Banking Group, which owns all three brands, says most customers will be charged the same or less after its shake-up – but others will pay more, and some Club Lloyds customers will see their rate nearly double, from 27.5% to 49.9%.
2 August 2024
Lloyds Banking Group has announced another round of bank branch closures, with 18 more Halifax locations and 22 more Lloyds outlets set to shut between April and June this year. The latest closures mean the two banks will close at least 59 branches by the end of the year. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.
24 January 2023
More and more 10-year fixed mortgage deals are coming to the market, with First Direct becoming the latest to launch a product. Fixing for a decade can be done for as little as 3.33% right now and is becoming more appealing as the Bank of England base rate continues to rise. But there are pros and cons to doing so – here's what to watch out for.
8 July 2022
Halifax has launched a two-year fixed mortgage with a record low interest rate of 0.83%. It comes amid a mortgage rate war with five-year fixes also dropping below 1% for the first time EVER last month. It's yet another reminder to check whether you could save £1,000s on your own mortgage now.
9 August 2021
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