Lloyds
TSB Homeowner Loan
Lloyds TSB Secured Loans
Formal
loan (Secured)
If you are planning a large purchase of more than £25,000
you may want to consider a Formal loan from Lloyds TSB. Because
you can give them security in the form of your home, a life
assurance policy or other acceptable asset, you can borrow
a larger sum and spread your repayments over a longer period
of time.
You
can repay over any period from 1 month to 20 years, which
should fit in more comfortably with your needs. To give you
more flexibility, you can also choose the way you repay –
with a repayment or interest only option.
Lloyds
TSB can offer you:
- the
opportunity to borrow any amount from £25,000 for
almost any purchase
- from
1 month to 20 years to repay
- a
choice of ways to repay
- no
early redemption fees
- secured
loan repayment protection available on loans up to £50,000
As
this is a specialist loan product, interest rates are agreed
on an individual basis and Formal loan offers a lower rate
than Lloyds TSB fixed rate loans because you can give security.
Lloyds
TSB secured loans offer lower interest rates than unsecured
loans because there is less risk to a finance company. Choose
a secured loan from Lloyds TSB because the savings in interest
over the term of the loan can be quite considerable.
Lloyds
TSB would like to remind you that:
YOUR
HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE
OR OTHER LOAN SECURED ON IT.
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