Remortgages available up to 90% LTV on both our Professional and Flexible ranges (85% with capital raise).
Our remortgage package
Scottish Widows Bank will pay for the valuation, and legal services when applicants use our solicitors, subject to the following criteria.
For remortgage applications up to 60% loan to value and under £500,000, Scottish Widows Bank will undertake a free external survey. For all other remortgage applications Scottish Widows Bank will undertake a standard survey and absorb the cost of this.
We will pay our solicitors to carry out the legal work involved in the remortgage. For any additional services, such as property title transfer or registration of properties in England and Wales where the property requires first registration in HM land registry, our solicitors will contact the applicant(s) to arrange payment. We will not be able to give legal or tax advice on the remortgage, and recommend that applicants contact their own legal or financial adviser if they require such advice. If the property is in Northern Ireland, or where applicants use their own solicitor instead of ours, we’ll offer £300 cashback.
The remortgage package is not available if there’s not currently a mortgage on the property. One of the applicants must have owned the property for at least six months prior to the application.
View our current remortgage interest rates