Bank of Scotland – UK Mortgage Lender
The Bank of Scotland, founded in 1695, was Scotland’s first bank. Over the years it took over many other banks, mostly north of the border, culminating in its merger with the Halifax Bank in 2001 to form the fourth largest banking group in the UK.
The Bank of Scotland has more than 300 branches in its own right, across the UK. Bank of Scotland customers can also access services via more than 1,000 Halifax branches.
The Bank of Scotland offers Halifax branded mortgages:
Fixed Rate Mortgages: 2 year, 3 year, 5 year and 10 year fixed rate mortgages, with special deals for first time buyers and new builds.
Tracker Mortgages: 2 year tracker mortgages featuring a variety of options.
Many of the mortgages available include flexible options to allow overpayments or underpayments and to change the length of the mortgage term, depending on the borrower’s changing personal circumstances.
Mortgages through the Bank of Scotland are provided under the Halifax label. They also offer a range of other services including insurance products, an estate agency and even legal services allowing the borrower to have all aspects of the property sale dealt with in one location.
The Bank of Scotland also has a business department and a specialist corporate portfolio of services for businesses that turn over more than £1 million. There is a range of asset financing options that deal not only with property but also with other large assets such as machinery, thus offering the flexibility for new and growing businesses.