Across its flexible and professional ranges 5-year fixes have been cut to by 0.15% up to 75% loan-to-value and 2-year fixes by 0.15% to 85% LTV.
Scottish Widows Bank has cut a number of remortgage and product transfer rates.
Across its flexible and professional ranges 5-year fixes have been cut to by 0.15% up to 75% loan-to-value and 2-year fixes by 0.15% to 85% LTV.
With product transfers both 2 and 3-year fixes have been reduced by up to 0.15% to 85% LTV, both with no fee.
Meanwhile the bank unveiled a selection of large loan rates for borrowing over £1m, starting at 2.19% to 75% LTV with a £1,999 fee.
Martin Fleming, managing director, Scottish Widows Bank, said: “Boosting our offset remortgage range with new competitive options – including our lowest ever rate – helps demonstrate our commitment to supporting the growing number of borrrowers looking for a competitive and flexible remortgage deal.
“By continuing to support brokers with attractive fixed rate remortgage and product transfer options, they can help highlight the benefits for borrowers who can earn the same rate of interest on their savings as they pay on a mortgage.”
