From: Sue Allen
Sent: 07 October 2008 10:33
To: Mark Wigham
Subject: FW: Bank of Scotland - Product changes effective from 4th October
Hiya
 
Could you post this on our website?
 
Thanks
 
Kind regards,
 
Sue Allen
Product & Development Support
Direct Line:  0845 4040 237       Fax:  0845 4040 350
 
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From: Sue Allen
Sent: 03 October 2008 16:05
To: Lender Updates
Subject: Bank of Scotland - Product changes effective from 4th October

 
 

FOR THE USE OF MORTGAGE INTERMEDIARIES AND OTHER PROFESSIONALS ONLY

 

KEY PRODUCT CHANGES WITH EFFECT FROM 4TH OCTOBER

From Saturday 4th October Bank of Scotland will be making changes to its Mainstream and Large Loan product range.

Mainstream

·            Trackers and selected fixed rates increased

·            End dates extended to February of relevant year

·            60-75% LTV products now 0-75% LTV

Large Loans

·            Trackers and selected fixed rates increased

·            60-75% LTV products now 0-75% LTV

·            End dates extended to February of relevant year

In order to prepare for these changes we will be removing products from our current product range. Applications for these products should be received by 5pm on Friday 3rd October.

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

Information on our new rates will be available from Saturday 4th October at www.bankofscotland.co.uk/intermediary

Bank of Scotland Bank Rate is currently 5.00% (variable), Home Loan Rate is currently 7.35% (variable).

 

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