Scottish Building Society has re-entered the 2-year market, launching residential mortgages at 80% loan-to-value (LTV).
There’s a 1.89% discounted variable rate and a 2.49% fixed rate. Both products are available for loans on properties across Scotland and carry a £995 fee. They are available to intermediaries and direct.
Paul Alexander (pictured) head of business development and sales strategy, said: “We are pleased to be re-entering the 2-year market with these products.
“Our individual underwriting and flexible approach means we may be able to lend when mainstream lenders cannot and I would urge Brokers who have not considered using the Scottish in the past to get in touch.”