You are here: Home - News -

Scottish Widows Bank introduces limited edition rates on five-year remortgages

by:
  • 06/11/2017
  • 0
Scottish Widows Bank introduces limited edition rates on five-year remortgages
Scottish Widows Bank has introduced new rates on its five-year, fixed Flexible and Professional remortgage products.

For a limited period, the specialist lender is offering the following five-year fixed remortgage rates (up to and including a value of £1m): 0-50% loan-to-value (LTV) at 1.74% with a £749 fee, and 50-60% LTV at 1.84% with a £749 fee.

Eligible mortgage applications must be fully packaged and at offer stage by 30 November and completed no later than 22 December 2017. All existing five-year, fixed rate products still remain available

Martin Fleming, managing director, Scottish Widows Bank, said: “We have seen a strong trend of our customers opting for longer term fixes in recent months and this has also been reflected across the market.

“Following the Bank of England Base Rate rise, there is an opportunity for advisers to provide certainty around mortgage payments for their clients in a period of change,” he added.

There are 0 Comment(s)

Comments are closed.

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
Don’t rise to the trolls on social media, or in real life – Emma Hall

Michelle Obama had it right when she advised her daughters, “when they go low, we go high”. But it can...

Close