Scottish Widows expands professional range

Scottish Widows will now offer a 2.19% 2-year fixed rate mortgage for up to 60% loan to value and a 2.59% 2-year fixed rate for between 60-75% LTV. Both products are available for a £1,499 fee.

Mike Jones, managing director of Scottish Widows Bank, said: "We are pleased to be able to add more products to our compelling product range and to be able to continue to support this sector of the market.

“We’re offering competitive rates and have an excellent range of products for professional mortgage customers to choose from supported by our strong service proposition.”

Having overhauled its operating model earlier this year Scottish Widows Bank has said it plans to increase its mortgage lending through intermediaries.