The flexibility you need to deal with life’s changes
Life can be uncertain. So it's a good idea to prepare for any changes you might have to face in the future. And choosing the right mortgage could be the start.
Our great value Flexible Mortgage will adapt to your needs - wherever life takes you or wherever you choose to go. And even if you are what most banks or building societies consider to be a 'non standard' applicant, you can be assured that we will take all your personal circumstances into account when we make our decision.
Every application is looked at individually by our staff - rather than sticking to a strict formula. And our additional mortgage borrowing and offset facilities offer an affordable and accessible way of managing your finances.- Borrow 75% - you can borrow 75% of the purchase price or valuation of your property, whichever is lower.
- Offset facility – offset your savings against your mortgage to reduce interest charges and help pay off your mortgage early.
- Mortgage Reserve Account – if your main mortgage is less than the agreed maximum amount you can borrow, you could access the extra funds as and when you choose.
- Remortgage Package or Cashback – if you are borrowing £750,000 or less and move your mortgage to Scottish Widows Bank we offer a free Remortgage Package if completion is handled by our solicitors, or £300 cashback. If you are borrowing more than £750,000 you will receive £300 cashback on completion.
In detail will give you more in-depth information about our Flexible Mortgage including how much you can borrow, repayment methods and our remortgage package.
