Lloyds Banking Group is considering lending more to mortgage customers whose prospective homes are well-insulated, in an attempt to reflect how energy bills are an increasing burden on household finances.
Lloyds Banking Group
Bank of Scotland owner Lloyds Banking Group has delivered £9 billion to the UK's social housing sector in three years. Since 2018, the bank has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn ov
The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.
Kingdom Housing Association has agreed a Revolving Credit Facility Agreement with Lloyds Bank during the coronavirus period after an open tender process run for Kingdom by ATFS.
Lloyds Banking Group has partnered with We Are Digital in a new initiative which has provided 2,000 digital tablets and vital support to 20,000 vulnerable customers facing difficulties during the coronavirus pandemic.