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

  • 06/11/2017
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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.

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