Lenders

Standard Life Bank – UK Mortgage Lender

The Standard Life Assurance Company was founded in 1825 in Edinburgh. It became a mutual assurance company in 1925. As part of the broadening of the range of financial services on offer, Standard Life Bank was set up in 1998. Standard Life demutualised in 2006.

Mortgage Products

Fixed Rate Mortgages: 2 year fixed rate mortgages and remortgages, the mortgages then become standard variable in line with the Bank of England standard rate.

Discounted Mortgages: 6 month, 2 year and 3 year discounted rate mortgages and remortgages.

Flexible Mortgages: 4 year stepped variable rate mortgages and remortgages which allow the borrower to take a lower rate of repayment in the early stages of the mortgages.

Buy to Let Mortgages: 2 year and 3 year discounted rate mortgages and remortgages, which are ideal for a new or novice investor who requires a period to get used to and maximise the market opportunities.

Equity Release Mortgages: lifetime fixed rate equity release mortgages are available for over 60s.

The Standard Life Bank specialises in offering flexible mortgages specifically aimed at those who require flexibility and reduced payments in the initial start up phase of the mortgages, immediately upon moving. This is particularly useful for those that are in a profession that has a quick salary progression.

As well as mortgages, the Standard Life Bank offers a range of savings and insurance products, some of which are directly related to the mortgages and others which can be taken out independently to create a tailor made package.

Website: portal.standardlife.com/content/index.html