Scottish Widows launches its lowest ever remortgage rates

Scottish Widows Bank has launched a new range of remortgage products which it says offer some of its lowest ever rates.

Related topics:  Mortgages
Rozi Jones
5th January 2017
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"Our lowest ever remortgage rates with the flexibility of offsetting built in will help brokers to meet the needs of clients looking to save money by remortgaging"

The lender – which specialises in professional and offset mortgages – is also offering selected products with £0 fee.

The professional range is available from 1.29% up to 90% LTV for 2-year fix with a £1,499 fee, or 1.84% with no fee.

Five-year fixed rates start at 2.14% up to 75% LTV with a £1,499 fee and 2.64% fee-free.

It's flexible mortgage rates start at 1.39%.

Martin Fleming, managing director of Scottish Widows Bank, said: “Our lowest ever remortgage rates with the flexibility of offsetting built in will help brokers to meet the needs of clients looking to save money by remortgaging whilst maintaining a cash reserve amid current economic uncertainty. They no longer need to choose between competitive rates and offset as we can offer the best of both worlds.”

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