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Scottish Widows cuts 2-year fixed rates

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  • 10/01/2014
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Scottish Widows cuts 2-year fixed rates
Scottish Widows has reduced the rates on a on a selection of two-year fixed rate professional and flexible mortgages across its 60% loan-to-value ranges.

Highlights from the range include;

• 1.99% fixed rate with a £999 fee for professionals with a fee free option at 2.49%
• 2.19% fixed rate for flexible mortgages with a £999 fee and a fee free option at 2.69%
• 2.19% tracker rate for flexible mortgages with 2.19% with a fee of £995
• 1.99% tracker rate for professionals at 1.99% with a £999 fee

Mike Jones, managing director of Scottish Widows Bank, said: “There is a clear requirement for niche products, such as professional and flexible mortgages, from a segment of the home buying public and we are pleased to able to provide these.

“We are making a number of changes at the start of the year to our product range that will provide brokers with an even more competitive suite of products for their clients.”

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