What do you want to know about our Flexible Lifetime Mortgage?
Flexible Lifetime Mortgage Interest Rates
| Mortgage Deal | Rates Applicable | The overall cost for comparison is | Arrangement Fee (fee added to loan) | Redemption Fee |
|---|---|---|---|---|
| Variable Rate | 4.99% | 5.1% APR | £599 | £195 |
| Early repayment charges | ||
| Mortgage Type | Early Repayment Charge | |
|---|---|---|
| Flexible Lifetime Mortgage | If the mortgage is redeemed within two years of the start date, a charge equal to 2% of the original loan amount will be payable. This will not apply where redemption is a result of a customer going into long term care, sheltered accommodation or death of the customer. As the mortgage is portable, the early repayment charge may not be payable if you move house and take out a new mortgage with Scottish Widows Bank. |
|
View interest rates for other Scottish Widows Bank products
