Exclusive Club Lloyds rate discount

You could get a 0.20% discount off the initial rate when you take out a mortgage with us. Offer applies to first time buyers, and customers remortgaging, moving home, switching to a new deal or buying to let.

You can use our mortgage calculators to view our latest products and rates.

Mortgage calculators
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Keep in mind

  • You must have a Club Lloyds current account open before you take out your mortgage. This includes our Silver and Platinum Club accounts.
  • There is a £3 monthly fee to maintain the Club Lloyds current account, unless you pay in £2,000 or more each month.
  • Offer can be changed or withdrawn at any time.
  • Product conditions may apply.

How much could you save?

As an example, this could mean a total saving of £1,174 on a 5-year fixed-rate remortgage deal compared to a non-Club remortgage rate. This is based on an average remortgage amount of £162,000 payable over 25 years with an initial rate of 5.84%.

An illustration of the monthly savings on a range of remortgage amounts are shown in the table right. This is based on a 0.20% Club Lloyds discount over the initial 5-year fixed period vs. non-Club rate.

Mortgage amount

Monthly saving

Mortgage amount

£162,000

Monthly saving

£20

Mortgage amount

£190,000

Monthly saving

£23

Mortgage amount

£349,000

Monthly saving

£42

Representative example

We show you this so you can see what a typical mortgage deal looks like. It doesn’t explain or change anything about your deal.

A mortgage of £162,000 payable over 25 years, initially on a fixed rate for 5 years at 5.84%, and then on our variable rate of 8.74% for the remaining 20 years, would require 60 monthly payments of £1,027.98 followed by 240 monthly payments of £1,283.57.

The total amount payable would be £369,736.23 made up of the loan amount, plus interest of £207,736.23. A product fee of £999 is also payable.

The overall cost for comparison is 7.8% APRC representative.

The amount we lend you is subject to a full mortgage application. Rates shown for remortgage only and are subject to change. Other rates apply to first time buyers and home movers.

You could lose your home if you don’t keep up your mortgage repayments

Don’t have a Club Lloyds account?

Apply today and you could also get

  • 1.50% AER (1.49% gross p.a.) variable credit interest on balances from £1 up to and including £3,999.99. 3.00% AER (2.96% gross p.a.) variable on balances from £4,000 up to and including £5,000.

    Interest is calculated daily, and paid monthly. This won't be paid in any month you do not have two separate Direct Debits paid from your account, or on amounts over £5,000.
  • Access to either 12 months of Disney+6 cinema tickets, an annual digital Coffee Club and Gourmet Society membership or an annual magazine subscription.
  • Access to exclusive savings accounts.

There is a £3 monthly fee to maintain the Club Lloyds current account, unless you pay in £2,000 or more each month.

Find out about Club Lloyds

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