- Fixed interest rate for life at 4.89% with Lloyds
- No broker or advisor fees to pay
- Enjoy a free valuation on your property
- Lifetime equity release product with no end date
- No charges for early repayment
- Option to make monthly repayments if preferred
To determine whether Lloyds equity release is the right option for you, please complete the form below:
Coming to the end of a mortgage term can be a daunting prospect if there is still a balance outstanding and no apparent means of repaying it. For many people approaching retirement, a Lloyds equity release plan offers a way to manage the situation while continuing to live in their home.
By arranging an equity release product through Lloyds, the existing mortgage debt can be fully cleared, thereby avoiding the need to sell the property or make alternative arrangements.
A Lloyds equity release works differently from a standard mortgage. The loan is secured against the home, but there is no obligation to make monthly repayments unless the borrower chooses to do so. Interest is typically added to the balance, and both the loan and the interest are repaid from the proceeds of the property’s sale when the homeowner passes away or enters long-term care.
This makes it easier for people in later life to remain in familiar surroundings without the strain of ongoing commitments.
Lloyds also offers essential consumer protections, such as the guarantee that the debt will never exceed the value of the home. Independent financial advice is necessary, as releasing equity can reduce the estate’s value and potentially impact future inheritance.
LLOYDS BANK – CONTACT INFORMATION
🏦 CORPORATE STRUCTURE AND ASSOCIATED COMPANIES
| Entity Name | Jurisdiction | Company Number | Role / Notes |
|---|---|---|---|
| Lloyds Banking Group plc | Scotland | SC095000 | Ultimate holding company |
| Lloyds Bank plc | England and Wales | 00002065 | UK retail and commercial banking |
| Bank of Scotland plc | Scotland | SC327000 | UK banking, trading as Halifax and Birmingham Midshires |
| Halifax (brand) | United Kingdom | — | Trading name under Bank of Scotland plc |
| Scottish Widows Limited | Scotland | SC004539 | Life insurance and pensions |
| Scottish Widows Administration Ltd | England and Wales | 03196137 | Back-office operations |
| Cheltenham & Gloucester plc | England and Wales | 02296786 | Dormant brand, mortgage legacy |
| Birmingham Midshires | United Kingdom | — | Trading name of Bank of Scotland plc |
| Lloyds Bank Corporate Markets plc | Scotland | SC100849 | Non-ring-fenced investment banking |
| Lloyds Bank International Ltd | Isle of Man | 00139608C | Offshore and international banking |
| Lloyds Bank GmbH | Germany | HRB 41895 | EU retail and corporate banking |
| Black Horse Ltd | England and Wales | 00689880 | Consumer motor and asset finance |
| Lex Autolease Ltd | England and Wales | 01090741 | Vehicle leasing and fleet management |
| LDC (Managers) Ltd | England and Wales | 02177373 | Lloyds Development Capital – private equity |
| Lloyds Bank (International Services) | Jersey | — | Private banking, international clients |
🛡️ REGULATORY REGISTRATIONS
| Entity | FCA Authorisation | PRA Authorisation | Other Regulators |
|---|---|---|---|
| Lloyds Bank plc | Yes | Yes | FCA Ref: 119278 |
| Bank of Scotland plc | Yes | Yes | FCA Ref: 169628 |
| Lloyds Bank Corporate Markets plc | Yes | Yes | FCA Ref: 763256 |
| Lloyds Bank GmbH | — | — | BaFin (Germany) |
| Lloyds Bank International Ltd | — | — | Isle of Man FSA |
| Lloyds Bank (International Services) | — | — | Jersey Financial Services Commission (JFSC) |
| Lloyds Bank USA | — | — | Regulated as a representative office |
| Scottish Widows Ltd | Yes | — | FCA Ref: 139398 |
🌍 CORE BUSINESS ACTIVITIES
| Category | Description |
|---|---|
| Retail Banking | Current accounts, savings, mortgages, credit cards, personal loans |
| Commercial Banking | Business accounts, asset finance, trade finance, lending |
| Private Banking | Via Lloyds Bank International and Bank of Scotland International |
| Life & Pensions | Life cover, pensions, annuities (Scottish Widows) |
| Mortgages and Equity Release | Lloyds, Halifax, Birmingham Midshires, C&G legacy |
| Motor Finance | Black Horse Ltd, Lex Autolease Ltd |
| Investment Banking | Corporate Markets plc – debt capital markets, derivatives |
| Insurance | General insurance, critical illness cover |
| Wealth & International Banking | Offshore accounts, wealth planning, foreign exchange |
| Private Equity | LDC – mid-market equity investment |
🌍 POSTAL ADDRESSES AND CONTACTS
Lloyds Banking Group Headquarters
- 📍 25 Gresham Street, London EC2V 7HN, United Kingdom
- 📞 +44 (0)20 7626 1500
- For Lloyds’ equity release interest rates
- 🌐 https://www.lloydsbankinggroup.com
Lloyds Bank plc
- 📍 25 Gresham Street, London EC2V 7HN, United Kingdom
- 📞 0345 602 1997 (UK)
- 🌐 https://www.lloydsbank.com
Bank of Scotland plc / Halifax / Birmingham Midshires Equity Release Options
- 📍 The Mound, Edinburgh, EH1 1YZ, United Kingdom
- 📞 0345 721 3141
- 🌐 https://www.bankofscotland.co.uk
- 🌐 https://www.halifax.co.uk
Lloyds Bank Corporate Markets plc Equity Release Mortgages
- 📍 10 Gresham Street, London EC2V 7AE, United Kingdom
- 📞 +44 (0)20 7158 1234
- 🌐 https://www.lloydsbankcorporatemarkets.com
Scottish Widows Equity Release
- 📍 69 Morrison Street, Edinburgh, EH3 8YF, United Kingdom
- 📞 0345 716 6777
- 🌐 https://www.scottishwidows.co.uk
Lloyds Bank International (Jersey) Equity Release
- 📍 PO Box 160, 9 Broad Street, St Helier, Jersey, JE4 8NG
- 📞 +44 (0)1534 845500
- 🌐 https://international.lloydsbank.com
Black Horse Ltd Equity Release
- 📍 25 Gresham Street, London, EC2V 7HN, United Kingdom
- 📞 0344 824 8888
- 🌐 https://www.blackhorse.co.uk
Lex Autolease Ltd Equity Release
- 📍 Heathside Park, Heathside Park Road, Stockport, SK3 0RB, United Kingdom
- 📞 0344 879 6000
- 🌐 https://www.lexautolease.co.uk
