What do you want to know about our Flexible Mortgage?
Flexible Mortgage Interest Rates
The Scottish Widows Bank Flexible Mortgage offers consistently competitive rates of interest with a range of added benefits. And you have the added flexibility of a fixed rate, variable rate or a combination of both.
Maximum borrowing 85% of purchase price or valuation.
Free offset available on all 2 year fixed and variable rate products.
| Mortgage Deal | Rates Applicable | The overall cost for comparison is | Booking Fee (fee added to loan) | Product Fee (fee added to loan) | Redemption Fee (added to loan on redemption of the mortgage) |
|---|---|---|---|---|---|
* This product is only available on borrowing up to £500,000. |
|||||
| 2 Year Fixed Rate Up to 75% LTV* |
4.39% fixed until 31 March 2012, changing to our Standard Variable Rate, currently 3.99% for the rest of the mortgage. | 4.1% APR | £999 | n/a | £195 |
| 2 Year Fixed Rate Up to 75% LTV |
4.79% fixed until 31 March 2012, changing to our Standard Variable Rate, currently 3.99% for the rest of the mortgage. | 4.2% APR | n/a | n/a | £195 |
| 2 Year Fixed Rate Up to 85% LTV* |
6.49% fixed until 31 March 2012, changing to our Standard Variable Rate, currently 3.99% for the rest of the mortgage. | 4.6% APR | £499 | n/a | £195 |
| 2 Year Tracker Rate Up to 60% LTV* |
2.39% above Bank of England base rate for 2 years giving a current rate of 2.89% (variable), changing to our Standard Variable Rate, currently 3.99% (variable) for the rest of the mortgage. | 3.9% APR | n/a | £999 | £195 |
| 2 Year Tracker Rate Up to 60% LTV |
2.89% above Bank of England base rate for 2 years giving a current rate of 3.39% (variable), changing to our Standard Variable Rate, currently 3.99% (variable) for the rest of the mortgage. | 4.0% APR | n/a | n/a | £195 |
| 2 Year Tracker Rate Up to 75% LTV* |
2.79% above Bank of England base rate for 2 years giving a current rate of 3.29% (variable), changing to our Standard Variable Rate, currently 3.99% (variable) for the rest of the mortgage. | 3.9% APR | n/a | £999 | £195 | 2 Year Tracker Rate Up to 75% LTV |
3.39% above Bank of England base rate for 2 years giving a current rate of 3.89% (variable), changing to our Standard Variable Rate, currently 3.99% (variable) for the rest of the mortgage. | 4.1% APR | n/a | n/a | £195 |
| 2 Year Tracker Rate Up to 85% LTV* |
4.59% above Bank of England base rate for 2 years giving a current rate of 5.09% (variable), changing to our Standard Variable Rate, currently 3.99% (variable) for the rest of the mortgage. | 4.3% APR | n/a | £499 | £195 |
| Base Rate Term Tracker Up to 75% LTV* |
3.89% above Bank of England base rate for the term of the mortgage, giving a current rate of 4.39% (variable). | 4.5% APR | n/a | £999 | £195 |
| Base Rate Term Tracker Up to 85% LTV* |
4.49% above Bank of England base rate for the term of the mortgage, giving a current rate of 4.99% (variable). | 5.1% APR | n/a | £999 | £195 |
| Early repayment charges | ||
| Mortgage Type | Early Repayment Charge | |
|---|---|---|
| Fixed Rate | Flexible/Professional | Up to 10% of the loan balance may be repaid once a year by cheque, without an early repayment charge. If any extra payments are made to the mortgage account prior to the expiry of the fixed rate period, a charge equal to 3% of the amount of the extra payments will be payable. Extra payments include repayment of the mortgage in full. | 2 Year Tracker Rate (Variable Rate) |
Flexible/Professional | If the mortgage is repaid in full within the first 24 months, 2% of the amount of the mortgage taken at the outset will be charged. |
| Base Rate Term Tracker (Variable Rate) |
Flexible/Professional | If the mortgage is repaid in full within the first 24 months, 2% of the amount of the mortgage taken at the outset will be charged. |
View interest rates for other Scottish Widows Bank products
