FOR THE USE OF MORTGAGE INTERMEDIARIES AND OTHER PROFESSIONALS ONLY

 

 

KEY PRODUCT CHANGES EFFECTIVE FROM TUESDAY 15th JULY

Tracker and Fixed Rate Changes

With effect from Tuesday 15th July Bank of Scotland will be making changes to its Mainstream and Large Loan product ranges.

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 Monday 14th July.

Remember - a full application must be submitted prior to the above deadline to secure the rate.

Mainstream

LTV

Rate

Product Code

2 Year Tracker (FTB, HMV)

0-60%

6.19%

BBY054

2 Year Tracker (FTB, HMV)

60-75%

6.29%

BBY055

3 Year Tracker (FTB, HMV)

0-60%

6.04%

BBY171

3 Year Tracker (FTB, HMV)

60-75%

6.29%

BBY172

3 Year Tracker (FTB, HMV)

75-90%

6.94%

BBY173

5 Year Tracker (FTB, HMV)

0-75%

6.29%

BBY174

5 Year Tracker (FTB, HMV)

75-90%

6.94%

BBY175

3 Year Fixed (FTB, HMV)

0-60%

6.69%

BFA270

3 Year Fixed (FTB, HMV)

60-75%

6.82%

BFA271

3 Year Fixed (FTB, HMV)

75-90%

7.74%

BFA308

5 Year Fixed (FTB, HMV)

0-75%

6.79%

BFA309

5 Year Fixed (FTB, HMV)

75-90%

7.64%

BFA310

2 Year Tracker (REMOC/Mortgage Free only)

0-60%

6.19%

BBY062

2 Year Tracker (REMOC/Mortgage Free only)

60-75%

6.29%

BBY063

3 Year Tracker (REMOC/Mortgage Free only)

0-60%

6.04%

BBY176

3 Year Tracker (REMOC/Mortgage Free only)

60-75%

6.29%

BBY177

3 Year Tracker (REMOC/Mortgage Free only)

75-90%

6.94%

BBY178

5 Year Tracker (REMOC/Mortgage Free only)

0-75%

6.29%

BBY179

5 Year Tracker (REMOC/Mortgage Free only)

75-90%

6.94%

BBY180

3 Year Fixed (REMOC/Mortgage Free only)

0-60%

6.69%

BFA275

3 Year Fixed (REMOC/Mortgage Free only)

60-75%

6.82%

BFA276

3 Year Fixed (REMOC/Mortgage Free only)

75-90%

7.74%

BFA311

5 Year Fixed (REMOC/Mortgage Free only)

0-75%

6.79%

BFA312

5 Year Fixed (REMOC/Mortgage Free only)

75-90%

7.64%

BFA313

Remortgage Service 3 Year Tracker

0-60%

6.14%

BBY181

Remortgage Service 3 Year Tracker

60-75%

6.39%

BBY182

Remortgage Service 3 Year Tracker

75-90%

7.04%

BBY183

Remortgage Service 5 Year Tracker

0-75%

6.39%

BBY184

Remortgage Service 5 Year Tracker

75-90%

7.04%

BBY185

Remortgage Service 3 Year Fixed

0-60%

6.99%

BFA314

Remortgage Service 3 Year Fixed

60-75%

7.29%

BFA315

Remortgage Service 3 Year Fixed

75-90%

7.84%

BFA316

Remortgage Service 5 Year Fixed

0-75%

6.89%

BFA317

Remortgage Service 5 Year Fixed

75-90%

7.74%

BFA318

Large Loan

LTV

Rate

Product Code

3 Year Tracker (FTB, HMV)

75-80%

6.49%

BBY077

5 Year Tracker (FTB, HMV)

60-75%

6.19%

BBY080

5 Year Tracker (FTB, HMV)

75-80%

6.39%

BBY081

5 Year Tracker (FTB, HMV)

80-90%

6.59%

BBY082

3 Year Fixed (FTB, HMV)

0-60%

6.89%

BFA285

3 Year Fixed (FTB, HMV)

60-75%

6.99%

BFA286

3 Year Fixed (FTB, HMV)

75-90%

7.49%

BFA287

5 Year Fixed (FTB, HMV)

0-60%

6.84%

BFA288

5 Year Fixed (FTB, HMV)

60-75%

6.94%

BFA289

5 Year Fixed (FTB, HMV)

75-90%

7.44%

BFA290

3 Year Tracker (REMOC/Mortgage Free Only)

75-80%

6.49%

BBY086

5 Year Tracker (REMOC/Mortgage Free Only)

60-75%

6.19%

BBY089

5 Year Tracker (REMOC/Mortgage Free Only)

75-80%

6.39%

BBY090

5 Year Tracker (REMOC/Mortgage Free Only)

80-90%

6.59%

BBY091

3 Year Fixed (REMOC/Mortgage Free Only)

0-60%

6.89%

BFA291

3 Year Fixed (REMOC/Mortgage Free Only)

60-75%

6.99%

BFA292

3 Year Fixed (REMOC/Mortgage Free Only)

75-90%

7.49%

BFA293

5 Year Fixed (REMOC/Mortgage Free Only)

0-60%

6.84%

BFA294

5 Year Fixed (REMOC/Mortgage Free Only)

60-75%

6.94%

BFA295

5 Year Fixed (REMOC/Mortgage Free Only)

75-90%

7.44%

BFA296

Remortgage Service 3 Year Tracker

0-60%

6.24%

BBY104

Remortgage Service 3 Year Tracker

60-75%

6.39%

BBY188

Remortgage Service 5 Year Tracker

0-60%

6.19%

BBY106

Remortgage Service 5 Year Tracker

60-75%

6.39%

BBY189

Full information on our new rates will be available on our website from Tuesday 15th 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.

 

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