They are now offering a two-year fixed rate mortgage up to 85% LTV with rates starting from 1.99% (Flexible) and 1.79% (Professional), and a three year fix up to 85% LTV with rates starting from 2.39% (Flexible) and 2.19% (Professional).
Scottish Widows also announced a 0.2% rate cut on all base rate trackers with a £999 arrangement fee, with rates on two year products up to 60% LTV starting from 1.19%, giving a variable current rate of 1.69% (Professional) and 1.89% (Flexible).
Gordon Bowden, Director at Scottish Widows Bank, said:
“Scottish Widows Bank is known for offering competitively priced, innovative mortgage deals, together with superlative service. This is a big year for Scottish Widows Bank and our goal for 2015 is to build on this reputation, starting with these new rates.”
