To qualify for the interest-free offer you must: To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 3 months, subject to application and approval.Īre you eligible for the arranged overdraft offer? Arranged overdraft limits and interest rates vary based on your individual circumstances. How much does my overdraft cost in pounds and pence?Īs an example, the interest cost of borrowing £500 is: £2.04 for 7 days, £8.94 for 30 days and £17.98 for 60 days.Īrranged overdrafts are subject to application and approval and repayable on demand. You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you. *The £3 fee is waived for each month you pay in at least £2,000 into your account.
#LLOYDES TSB BANK FREE#
The APR includes monthly maintaining the account fees of £3* and an interest free amount of £50. Representative example (based on using a Club Lloyds Account)Īn arranged overdraft on a Club Lloyds account has a variable interest rate of 27.5% EAR, and a variable representative rate of 29.9% APR, based on borrowing £1,200. We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. Once your three month interest-free period ends we will charge interest daily.
What happens after the 0% interest free period ends? You can use it to borrow money up to an agreed limit through your bank account. An arranged overdraft can act as a useful safety net. To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 3 months, subject to application and approval. Surrenden says Hull is the third-most improved UK city to live in, ahead of Birmingham, Liverpool, and Manchester, but remains "one of the most affordable buy-to-let locations in the UK.3 months 0% interest overdraft when you switch The advertisement reads: "In terms of location and its contemporary finish, The Bank will deliver a new era of lifestyle apartments to Hull's private rental market." Two-bedroom, two-bath apartments are being offered on Rightmove for £172,500. It is such a prime location in Hull, we have sold a number of the apartments already." Several apartments have already been sold.Ī spokesman said: "Work is starting at the end of this month and it is a 12-month project so the apartments will be ready by the end of next May. Property consultancy Surrenden Invest is marketing the properties as "exclusive buy to let" opportunities.
However, a familiar feature of the building - the large clock face - looks set to be retained. Building work is due to start later this month and is expected to take a year to complete.Īrtist's impressions depict an ambitious redesign of the former bank - which dates from the 1970s - with a new glass-fronted, penthouse-style top floor. The former Lloyds TSB bank - a landmark building on the corner of George Street and Bond Street - will be home to a mix of studio, one-bed, two-bed and three-bed apartments. These pictures show how the latest luxury pads in the heart of Hull will look, as work begins on the conversion of a former city centre bank into 46 luxury apartments.
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