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Lloyds Bank Issues Huge Boost to Anyone Earning over £50k From Today

UNITED KINGDOM, JUL 16 – The £4 billion boost raises borrowing capacity by 22% to 5.5 times income, helping over 11,000 first-time buyers since August 2024, Lloyds said.

Summary by Leeds Live
Lloyds Banking Group, which includes Lloyds and Halifax, has announced a £4 billion lending boost for first time buyers across the UK

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The Independent broke the news in London, United Kingdom on Wednesday, July 16, 2025.
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