FOR THE USE OF MORTGAGE INTERMEDIARIES AND OTHER PROFESSIONALS ONLY

 

KEY PRODUCT CHANGES EFFECTIVE FROM SATURDAY 16TH AUGUST

With effect from Saturday 16th August Bank of Scotland will be making selected improvements to its Mainstream, Large Loans and Buy-to-Let product range.

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 15th August.

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

Mainstream

LTV

Rate

Product Code

2 Year Tracker (HMV,FTB,REMOC)

0-75%

6.04%

BBY385

2 Year Tracker (HMV,FTB,REMOC)

0-75%

5.84%

BBY387

2 Year Tracker (HMV,FTB,REMOC)

75-90%

6.64%

BBY386

2 Year Tracker (HMV,FTB,REMOC)

75-90%

6.54%

BBY388

5 Year Tracker (HMV,FTB,REMOC)

0-75%

6.14%

BBY393

5 Year Tracker (HMV,FTB,REMOC)

75-90%

6.64%

BBY394

2 Year Fixed (HMV,FTB,REMOC)

0-75%

6.39%

BFA453

2 Year Fixed (HMV,FTB,REMOC)

75-90%

6.99%

BFA454

3 Year Fixed (HMV,FTB,REMOC)

0-75%

6.24%

BFA455

5 Year Fixed (HMV,FTB,REMOC)

0-75%

6.09%

BFA459

2 Year Tracker (REMO)

0-75%

6.04%

BBY397

2 Year Tracker (REMO)

0-75%

5.89%

BBY399

2 Year Tracker (REMO)

75-90%

6.69%

BBY398

2 Year Tracker (REMO)

75-90%

6.59%

BBY400

3 Year Tracker (REMO)

75-90%

6.54%

BBY402

3 Year Tracker (REMO)

75-90%

6.44%

BBY404

5 Year Tracker (REMO)

0-75%

6.19%

BBY291

5 Year Tracker (REMO)

75-90%

6.69%

BBY405

2 Year Fixed (REMO)

0-75%

6.44%

BFA460

2 Year Fixed (REMO)

75-90%

7.04%

BFA461

3 Year Fixed (REMO)

0-75%

6.39%

BFA462

3 Year Fixed (REMO)

0-75%

6.24%

BFA464

Large Loan

LTV

Rate

Product Code

3 Year Tracker (HMV,FTB,REMOC)

0-60%

5.99%

BBY313

3 Year Tracker (HMV,FTB,REMOC)

   60-75%

6.04%

BBY314

3 Year Tracker (HMV,FTB,REMOC)

80-90%

6.69%

BBY316

3 Year Tracker (REMOC FREE VALS)

0-60%

6.04%

BBY319

3 Year Tracker (REMOC FREE VALS)

60-75%

5.99%

BBY320

3 Year Tracker (REMO)

0-60%

5.94%

BBY323

3 Year Tracker (REMO)

60-75%

6.09%

BBY324

Buy to Let

LTV

Rate

Product Code

2 Year Fixed

0-75%

7.19%

BFA445

2 Year Fixed

   75-85%

7.29%

BFA446

3 Year Fixed

0-75%

7.09%

BFA447

3 Year Fixed

   75-85%

7.19%

BFA448

3 Year Fixed

0-75%

6.99%

BFA449

3 Year Fixed

   75-85%

7.09%

BFA450

 

Information on our new rates will be available on our website from Saturday 16th August at www.bankofscotland.co.uk/intermediary

Bank of Scotland Bank 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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