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Lloyds Bank is bringing in a change for thousands of customers - effective NEXT FRIDAY. Self-employed First Time Buyers will now also be able to access FTB Boost, with the Loan to Income available for self-employed customers aligned to those who are employed, meaning those with lower deposits will also be able to borrow 5.5x their income.

These changes are effective from 5 December 2025. As well as this, Lloyds Banking Group will make a further £1 billion of lending available to first-time buyers (FTBs) by reducing the minimum household income required for First Time Buyer Boost (FTB Boost).

This means even more people can borrow up to 5.5x their income with Lloyds or Halifax, the UK’s leading First Time Buyer lende.

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