FOR THE USE OF MORTGAGE INTERMEDIARIES AND OTHER PROFESSIONALS ONLY

KEY PRODUCT CHANGES WITH EFFECT FROM 11^TH OCTOBER

Following Wednesday's 0.50% decrease in the Bank of England base rate, we have seen unprecedented changes to our competitors tracker products.  To ensure we continue to write a proportionate amount of business we will be removing a number of trackers at close of business this evening.  Our existing fixed rates remain unchanged and we will review our trackers next week.

New 3 Year Fixed Rates Introduced

 

Buy to Let Purchase & Remortgage

 

6.39% at 0-60% LTV

6.69% at 60-75% LTV

 

Applications for removed products should be received by 5pm on Friday 10^th October.

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

Information on all our rates is available on our website from Saturday 11^th October at www.bankofscotland.co.uk/intermediary

Bank of Scotland Bank Rate is currently 4.50% (variable), Home Loan Rate is currently 6.85% (variable).

 

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.

 

 

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