Scottish Widows Bank has reduced rates on its Professional and Flexible mortgage product range.

Two year fixed rates now include:

• 0-60% LTV with a £999 booking fee cut by up to 0.2 percentage points, with rates starting from 1.99% (Flexible) and 1.79% (Professional)
• 0-60% LTV with a £1499 booking fee reduced by up to 0.2 percentage points, with rates starting from 1.79% (Flexible) and 1.59% (Professional)

Three year fixed rates include:

• 0-60% LTV with a £0 booking fee reduced by up to 0.1  percentage points, with rates starting from 2.59% (Flexible) and 2.39% (Professional)
• 0-60% LTV with a £1499 booking fee reduced by up to 0.1 percentage points, with rates starting from 2.29% (Flexible) and 2.09% (Professional)

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

“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.”