MoneySavingExpert News
Lloyds
If you're a club or society using Lloyds or Bank of Scotland's 'Treasurer's Account' you'll soon be moved to a new paid-for version costing up to £8.50 a month. The shake-up takes force on 14 January 2025 unless you move your money elsewhere beforehand. Here's what's happening – and your options.
25 October 2024
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
Flat-owners impacted by the cladding crisis in England may now be able to sell or remortgage their homes, with six major lenders agreeing to offer mortgages under new industry guidance. But the measures only cover properties in buildings of 11m and over and so not everyone affected will benefit – and we're yet to see how it will work in practice. Here's what we know so far.
10 January 2023
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