FOR THE
USE OF MORTGAGE INTERMEDIARIES AND OTHER PROFESSIONALS ONLY
KEY PRODUCT CHANGES EFFECTIVE FROM SATURDAY 5th JULY
Tracker and Fixed Rate Changes
With effect from Saturday 5th July Bank of Scotland will be making changes to its Mainstream, Large Loan, Self Cert and Buy-to-Let product ranges.
In addition, with effect from Saturday 5th July, we will no longer accept new mortgage applications on Bank of Scotland Standard Variable rate (HVR003). Click here for full details.
In order to prepare for these changes, we will be removing the following products from our current product range. Applications for these products should be received by 5pm on Friday 4th July.
Remember - a full application must be submitted prior to the above deadline to secure the rate.
|
Mainstream |
LTV |
Rate |
Product Code |
|
3 Year Tracker |
0-60% |
5.99% |
BBY056 |
|
3 Year Tracker |
60-75% |
6.19% |
BBY057 |
|
3 Year Tracker |
75-90% |
6.69% |
BBY058 |
|
5 Year Tracker |
0-75% |
6.09% |
BBY059 |
|
5 Year Tracker |
75-90% |
6.59% |
BBY060 |
|
3 Year Fixed |
75-90% |
7.24% |
BFA272 |
|
5 Year Fixed |
0-75% |
6.84% |
BFA273 |
|
5 Year Fixed |
75-90% |
7.14% |
BFA274 |
|
3 Year Tracker |
0-60% |
5.99% |
BBY064 |
|
3 Year Tracker |
60-75% |
6.19% |
BBY065 |
|
3 Year Tracker |
75-90% |
6.69% |
BBY066 |
|
5 Year Tracker |
0-75% |
6.09% |
BBY067 |
|
5 Year Tracker |
75-90% |
6.59% |
BBY068 |
|
3 Year Fixed |
75-90% |
7.24% |
BFA277 |
|
5 Year Fixed |
0-75% |
6.84% |
BFA278 |
|
5 Year Fixed |
75-90% |
7.14% |
BFA279 |
|
Remortgage Service 3 Year Tracker |
0-60% |
6.09% |
BBY099 |
|
Remortgage Service 3 Year Tracker |
60-75% |
6.29% |
BBY100 |
|
Remortgage Service 3 Year Tracker |
75-90% |
6.79% |
BBY101 |
|
Remortgage Service 5 Year Tracker |
0-75% |
6.19% |
BBY102 |
|
Remortgage Service 5 Year Tracker |
75-90% |
6.69% |
BBY103 |
|
Remortgage Service 3 Year Fixed |
0-60% |
6.79% |
BFA297 |
|
Remortgage Service 3 Year Fixed |
60-75% |
6.92% |
BFA298 |
|
Remortgage Service 3 Year Fixed |
75-90% |
7.34% |
BFA299 |
|
Remortgage Service 5 Year Fixed |
0-75% |
6.94% |
BFA300 |
|
Remortgage Service 5 Year Fixed |
75-90% |
7.24% |
BFA301 |
|
Large Loan |
LTV |
Rate |
Product Code |
|
3 Year Tracker |
60-75% |
6.29% |
BBY076 |
|
3 Year Tracker |
60-75% |
6.29% |
BBY085 |
|
Remortgage Service 3 Year Tracker |
60-75% |
6.64% |
BBY105 |
|
Remortgage Service 5 Year Tracker |
60-75% |
6.54% |
BBY107 |
|
Self Cert |
LTV |
Rate |
Product Code |
|
Personal Choice Tracker |
0-75%* |
7.29% |
BBT075 |
|
Term Tracker |
0-75% |
7.09% |
BBT919 |
|
Term Tracker |
75-80% |
7.29% |
BBT920 |
|
3 Year Tracker |
0-70% |
6.74% |
BBY096 |
|
3 Year Tracker |
70-75% |
6.99% |
BBY097 |
|
3 Year Tracker |
75-80% |
7.19% |
BBT922 |
|
5 Year Tracker |
0-75% |
6.89% |
BBY051 |
|
5 Year Tracker |
75-80% |
7.09% |
BBY098 |
|
3 Year Fixed |
0-75% |
7.29% |
BFA256 |
|
3 Year Fixed |
75-80% |
7.39% |
BFA257 |
|
5 Year Fixed |
0-75% |
7.19% |
BFA259 |
|
New Build Special 3 Year Fixed |
0-80% |
7.49% |
BFA258 |
|
Buy to Let |
LTV |
Rate |
Product Code |
|
Term Tracker 125% Pay Rate |
0-85% |
7.19% |
BBT916 |
|
3 Year Tracker 125% Pay Rate |
0-75% |
6.69% |
BBT917 |
|
3 Year Tracker 125% Pay Rate |
75-80% |
6.89% |
BBT918 |
|
3 Year Fixed 125% Pay Rate |
0-80% |
6.99% |
BFA252 |
|
3 Year Fixed 125% Pay Rate |
80-85% |
7.19% |
BFA253 |
|
5 Year Fixed 125% Pay Rate |
0-80% |
6.89% |
BFA254 |
|
5 Year Fixed 125% Pay Rate |
80-85% |
7.09% |
BFA255 |
* Excluding 5% AFA
Full information on our new rates will be available on our website from Saturday 5th July at www.bankofscotland.co.uk/intermediary
Bank of Scotland Base rate is currently 5.00% (variable), Home Loan Rate is currently 7.35% (variable).
The remortgage service is open to all new Bank of Scotland customers who currently have a mortgage with another lender (The remortgage service is not available where the security property is unencumbered). The Bank of Scotland will pay for an assessment of the property to be remortgaged when carried out by our panel valuer. Please note that this valuation is for our lending purposes only and a copy will not be released to the intermediary or the client. The remortgage service is only available when one of our remortgage panel conveyancers is instructed. We will instruct and pay for our conveyancer to carry out the legal work in connection with the remortgage transaction. Please note this relates only to standard mortgage conveyancing and the cost of any additional work required must be met by the client. The Remortgage Service is not available to packaged applications.
If you do not have professional experience you should not rely on the information contained in this communication. If you are a professional and reproduce any part of the information contained in this communication, to be used with or to advise private clients, you must ensure it conforms to the Financial Services Authority's advising and selling rules. To unsubscribe please click Unsubscribe me
