Wednesday, 14 December 2011

Is my Lloyds branch being sold?

Who's affected by the Lloyds sale of 632 branches?

All 164 Cheltenham & Gloucester branches and all 185 Lloyds TSB Scotland branches are earmarked to be sold.

In addition, a selection of 283 Lloyds TSB branches in England and Wales would be transferred to the Co-op.

Lloyds has not published an online list of the branches affected, but customers can check directly with the branch.

This list from the Guardian has most of them:

Once Lloyds and the Co-op have agreed the deal, expected in the first 3 months of next year, the bank will write to customers who will be affected and a full list is likely to be posted on the Lloyds website.

Lloyds is selling up to 19% of its mortgage book. Mortgage customers will be told next year if they have been included.

Should a customer wish to remain within Lloyds and not transfer the bank will register their request and respond to them in due course about the options available to them, likewise if they say they really want to move.

Lloyds says customers do not need to do anything now as changes will not be seen until the sale completes in late 2013.

No comments:

Post a Comment