Bank of Scotland is part of HBOS which was acquired by Lloyds TSB in 2009 to form Lloyds Banking Group.
Bank of Scotland/Halifax is a popular lender for first-time buyers, but it offers a wide range of mortgage deals to suit everybody, such as those looking to remortgage or move house. It also offers buy-to-let mortgages for smaller landlords. Whether you want a fixed rate mortgage, where your monthly repayment stays the same, or a variable rate mortgage where your repayment could change either in line with the Bank of England base rate or the lender’s standard variable rate, Bank of Scotland/Halifax has a wide range of options to choose from.
As always, remember to factor in the cost of arrangement fees when comparing mortgage rates. It can sometimes work out cheaper to take out a higher rate mortgage with a low fee than a low rate mortgage with a high fee. Halifax/Bank of Scotland also offers a number of fee-free mortgages so these are worth a look too.
Also check for early repayment charges that apply if you decide to pay off your mortgage in full before the end of the deal, as these can be expensive.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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