Lloyds TSB International Mortgage Service

Switching your mortgage

If you have an overseas property, switching your mortgage to the International Mortgage Service (IMS) could be a smart move. We can help if you are looking to save money on your repayments or if you want to release money tied up in your overseas property.

Providing the property you are re-mortgaging is not your main home, we can arrange re-finance packages for investment or holiday homes in the following countries:

Your overseas property can be re-mortgaged in most major currencies including euro, sterling and US dollars.
More information and full list of currencies

A few good reasons to switch to the International Mortgage Service

• You could save on your repayments. Variable rate currency mortgages with competitive interest rates. Available as interest only or capital plus interest.
• Release funds tied up in overseas property.
• No early repayment fees**.
• No penalties for buy-to-let properties.
• When currency options are offered, you can switch† the currency of your mortgage during the term of the loan twice per year without charge. Any further switches are charged at $150.
• Property in several locations can be re-financed into one manageable loan.
• We can also arrange for your mortgage to be paid by direct debit through an offshore International Account.

Plus...

If you have a holiday home or investment property in England, Scotland or Wales which is mortgaged to another lender we have a special remortgage offer which could save you money.

Need more information? – frequently asked questions

Please read our important information section.

How to apply or find out more

* Not available to corporate and trust structures as well as to those cases where the borrower(s) of the loan and the owner(s) of the property are not the same person(s). Foreign borrowers are required to obtain a Non-Resident Buyers' Identification Number (NIE) before purchasing a Spanish property and are advised to seek their own legal advice with regard to the application for a NIE.

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. Lending is at the Bank's discretion and you must be 18 or over to apply. Security will be required

**Providing lump sum payments or repayment in full coincides with your next scheduled repayment date.

† The multi-currency loan facility is subject to qualification criteria and availability which varies from time to time