BoS enhances remortgage range

The products added include:

- A two-year tracker at 4.89 per cent for loans up to £500,000. This product has no arrangement fee.

- A 4.69 per cent two-year tracker with a £499 arrangement fee. This product is available for loans up to £500,000.

- A 4.44 per cent two-year tracker with a £1499 arrangement fee. This is available for loans from £500,000 to £1,000,000.

- A 4.64 per cent two-year tracker is now available for loans from £500,000 to £1,000,000 and has a £599 arrangement fee.

- A 4.29 per cent two-year tracker with an arrangement fee of £1499. This product is available for loans up to £500,000.

The above products are all available up to 85 per cent loan-to-value (LTV) and include the Bank of Scotland Remortgage Service with no charge for property valuation and the Bank will also pay its own legal fees.

- A 4.89 per cent two-year tracker for loans up to £500,000 which has no arrangement fee.

- A 4.69 per cent two-year tracker has been launched with an arrangement fee of £499. This product is available for loans up to £500,000.

These two products are also available up to 85 per cent LTV and include the incentive of a refund of property valuation and a £200 cashback.

All of the remortgaging products are initially available for a limited period only.

Charles Haresnape, managing director of Bank of Scotland Mortgages, said: “We are pleased to be offering an even wider choice of products for brokers and their clients, particularly in terms of rates, the size of arrangement fees and the selection of products available for different loan sizes.

“With a variety of products available for loans up to £1m and extra incentives such as the Bank of Scotland Remortgage Service we are sure that these enhancements to our remortgage offering will be strong additions to the market.”