"Kicking off the year with our lowest ever remortgage rates set us off to a great start,"
Its two and five-year fixed rates with a fee of £1,499 have been reduced to £999, with rates now starting from 1.29% at 60% LTV.
Selected products are available for both professional and flexible mortgages at the same rate, for a limited period only.
Martin Fleming, Managing Director, Scottish Widows Bank, said: “Kicking off the year with our lowest ever remortgage rates set us off to a great start, but these changes announced today – as well as expanding our interest-only repayment options – really put us at the forefront of the market.
“Helping brokers continue to meet the needs of clients by offering the flexibility off offsetting built-in helps borrowers save money by remortgaging whilst maintaining a cash reserve –without having to choose between competitive rates and offset.”
