View more on these topics

Lloyds TSB offers fee saver 90% FTB deal

Lloyds TSB has launched a new fee saver mortgage for first-time buyers.

The two-year fixed rate mortgage is offered with rates from 5.99 per cent and is available with an LTV of 85 per cent-90 per cent. 

First-time buyers will not have to pay the mortgage product fee of £495, or the mortgage account fee of £265, meaning the savings total £760.

Lloyds TSB mortgage director Stephen Noakes says: “One of the main barriers facing first-time buyers is the associated costs of buying your first home. We are delighted to be introducing this product, designed specifically for those looking to take the first step on the housing ladder, to help remove the key hurdle of cost.”

All products are available on loans from £5,000 up to £1m. 



Providers raise concerns over ‘complex’ occupational pension transfers

Providers have raised concerns over the complexity of occupational pension scheme transfers and the poor performance of closed life insurers as policymakers look to improve the pension transfer process ahead of automatic enrolment. The Government is currently investigating how the transfer system can be improved as part of a project pensions minister Steve Webb (pictured) […]

Loans for house purchase drop to lowest level since December 2010

Mortgage approvals for home purchases fell sharply to 43,450 in March, their lowest level since December 2010, according to the latest Mortgage Monitor from e.surv.   There were 7 per cent fewer purchase approvals than in March last year – the first year-on-year fall since May 2011. The drop also represents an 11 per cent […]


Treasury stands firm on capped drawdown despite concerns

Treasury financial secretary Mark Hoban has dismissed concerns about capped drawdown despite investors facing significant drops in the annual income they can withdraw when they retire. Capped drawdown was introduced as part of Government reforms to abolish compulsory annuitisation at age 75. Following the changes, which came into force in April last year, the maximum […]


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. i like their offers.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm