Loan to value pricing
To give you greater choice, we vary the interest rate you pay depending on the loan to value (LTV) of the application.
The loan to value is the amount you wish to borrow compared to the actual value of the property and is shown as a percentage. We offer 3 tiers; 50%, 60% and 70%. The lower the loan to value, the lower the interest rate margin we charge.
To find out how we calculate the interest rate for your International Mortgage, please refer to the tables below. The actual interest rate charged will be the loan to value (LTV) interest rate margin plus the underlying rate.
Interest only mortgages
- Add 0.20% to the interest rate margins shown.
- Singapore and Dubai properties: interest only mortgages are not available.
- Spanish properties: interest only mortgages are available for the first five years of the mortgage. The loan can be switched to a repayment mortgage from month 61.
Interest rates for properties in Europe
| Location of property |
Currency of the loan |
LTV Interest rate margins |
Underlying rates |
| 50% |
60% |
70% |
| Great Britain |
Pounds Sterling |
2.99% |
3.19% |
3.49% |
plus the prevailing Lloyds TSB UK base rate |
| All other currencies |
3.19% |
3.39% |
3.69% |
plus our Cost of Funds rate for the relevant currency |
| France |
Euro |
1.39% |
1.49% |
1.59% |
plus our Euro Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus our prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
| Spain |
Euro |
2.59% |
2.79% |
N/A |
plus the prevailing EURIBOR rate |
| All other currencies |
2.79% |
2.99% |
N/A |
plus the Bank of England base rate for loans in sterling or relevant LIBOR rate |
Interest rates for properties in America
| Location of property |
Currency of the loan |
LTV Interest rate margins |
Underlying rates |
| 50% |
60% |
70% |
USA
California, Florida, Nevada & Oregon |
US Dollars |
3.19% |
N/A |
N/A |
plus our US dollar Cost of Funds rate |
| All other currencies |
3.39% |
N/A |
N/A |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
USA
Other selected states |
US Dollars |
2.99% |
3.19% |
N/A |
plus our US dollar Cost of Funds rate |
| All other currencies |
3.19% |
3.39% |
N/A |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
| Canada |
Canadian Dollars |
1.39% |
1.49% |
1.59% |
plus our Canadian dollar Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
Interest rates for properties in Asia
| Location of property |
Currency of the loan |
LTV Interest rate margins |
Underlying rates |
| 50% |
60% |
70% |
| Hong Kong |
Hong Kong Dollars |
1.39% |
1.49% |
1.59% |
plus our Hong Kong dollar Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
| Dubai |
All currencies |
4.99% |
N/A |
N/A |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
| Singapore |
Singapore Dollars |
1.39% |
1.49% |
1.59% |
plus our Singapore dollar Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus the prevailing Lloyds TSB UK base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
Interest rates for properties in Australasia
| Location of property |
Currency of the loan |
LTV Interest rate margins |
Underlying rates |
| 50% |
60% |
70% |
| Australia |
Australian Dollars |
1.39% |
1.49% |
1.59% |
plus our Australian dollar Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus the Bank of England base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
| New Zealand |
New Zealand Dollars |
1.39% |
1.49% |
1.59% |
plus our New Zealand dollar Cost of Funds rate |
| All other currencies |
1.59% |
1.69% |
1.79% |
plus the Bank of England base rate for loans in sterling or Cost of Funds rate for other relevant currencies |
For an up to the minute quote or any other information on the International Mortgage Service, please complete an online enquiry form.