FOR THE USE OF MORTGAGE
INTERMEDIARIES AND OTHER PROFESSIONALS ONLY
KEY PRODUCT CHANGES EFFECTIVE FROM FRIDAY 13TH JUNE
Selected Rates and Fees to be reduced
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 Thursday 12th June.
Remember - a full application must be submitted prior to the above deadline to secure the rate.
|
Mainstream |
LTV |
Rate |
Product Code |
|
Personal Choice Tracker |
0-70%* |
6.54% |
BBT930 |
|
Personal Choice Tracker |
70-85%* |
6.99% |
BBT931 |
|
3 Year Tracker |
0-75% |
6.54% |
BBT932 |
|
3 Year Tracker |
75-90% |
6.94% |
BBT933 |
|
5 Year Tracker |
0-75% |
6.44% |
BBT934 |
|
5 Year Tracker |
75-90% |
6.84% |
BBT935 |
|
3 Year Tracker |
0-75% |
6.59% |
BBT936 |
|
Remortgage Service 3 Year Tracker |
0-75% |
6.69% |
BBT937 |
|
Large Loan |
LTV |
Rate |
Product Code |
|
Personal Choice Tracker |
0-70%* |
6.99% |
BBT938 |
|
3 Year Tracker |
0-75% |
6.64% |
BBT939 |
|
3 Year Tracker |
75-90% |
6.89% |
BBT940 |
|
5 Year Tracker |
0-75% |
6.59% |
BBT941 |
|
3 Year Tracker |
0-75% |
6.69% |
BBT942 |
|
3 Year Tracker |
75-90% |
6.94% |
BBT943 |
|
5 Year Tracker |
0-75% |
6.64% |
BBT944 |
|
Self Cert |
LTV |
Rate |
Product Code |
|
3 Year Fixed |
0-75% |
6.79% |
BFA157 |
|
3 Year Fixed |
75-80% |
6.99% |
BFA158 |
|
5 Year Fixed |
0-75% |
6.79% |
BFA160 |
|
New Build Special 3 Year Fixed |
0-80% |
7.09% |
BFA159 |
|
Buy to Let |
LTV |
Rate |
Product Code |
|
3 Year Fixed 125% Pay Rate |
0-75% |
6.39% |
BFA152 |
|
3 Year Fixed 125% Pay Rate |
75-80% |
6.79% |
BFA153 |
|
3 Year Fixed 125% Pay Rate |
80-85% |
6.99% |
BFA154 |
|
5 Year Fixed 125% Pay Rate |
0-75% |
6.39% |
BFA155 |
|
5 Year Fixed 125% Pay Rate |
75-85% |
6.79% |
BFA156 |
* Excluding 5% AFA
Full information on our new rates will be available on our website from Friday 13th June 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.
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