Scottish Widows Bank has this week extended its professional mortgages range, which now includes two 2-year professional mortgage products up to 75 percent loan to value.
Available to purchase and remortgage customers on both a repayment and interest only basis, the new products include:
- · A 60 per cent two year fixed rate mortgage at 2.19 percent with a £1,499 fee.
- · A 60-75 per cent two year fixed rate mortgage at 2.59 percent with a £1,499 fee.
Mike Jones, managing director of Scottish Widows Bank said, “We are pleased to be able to add more products to our compelling product range and to be able to continue to support this sector of the market. We’re offering competitive rates and have an excellent range of products for professional mortgage customers to choose from supported by our strong service proposition.”
Having overhauled its operating model earlier this year, Scottish Widows Bank announced its intention to increase its mortgage lending this year through the intermediaries.
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