Scottish Widows cuts rates

Cuts to the range see 2-year fixed rates starting at 1.99% for both flexible and professional mortgages up to 60% LTV (with a £999 booking fee). With a £1499 fee the products are reduced to 1.79% (flexible) and 1.59% (professional).

The 3-year fixed range for up to 60% LTV is reduced by up to 0.1%, with rates starting from 2.59% (flexible) and 2.39% (professional).

Gordon Bowden, director at Scottish Widows Bank, said: “Scottish Widows Banks is known for its innovative mortgage deals and excellent service offering.

“We intend to build on our strong start to the year, and these products represent some of the most competitively priced products available in the market.”