SWB increases max LTV
It has also introduced a new 5.39% 2-year fixed rate 90% LTV mortgage product to its range.
Mike Jones, managing director of Scottish Widows Bank, said: “There is a clear requirement for niche products such as professional and offset mortgages.
“A segment of the home buying public that has specific requirements from their mortgage and we are pleased to be able to support through competitive rates and by extending our eligibility criteria.”
In addition SWB has now extended its eligibility criteria for professional mortgages to now also include trainee accountants and trainee actuaries.