If you are looking to buy your first property, or simply remortgage for a better deal, then Scottish Widows Bank could be able to help.
As an endorsed AOP member services provider, they can offer you a range of products to suit your requirements. Enhanced terms have been negotiated for the Professional Mortgage and are available to fully qualified optometrists who are members of the AOP.
The Professional Mortgage allows you to borrow up to 90% of the value of your property, with no higher lending charge to pay, and comes with a unique combination of benefits, including the ability to offset.
By offsetting your savings against your mortgage balance you pay less in interest and this can either reduce the ‘term’ of your mortgage or reduce your ‘monthly repayment’ – you choose what suits you best, depending on your circumstances.
Another feature of the mortgage allows you to apply for additional funds against any equity in your property. A revolving credit facility, Mortgage Reserve Account, offers borrowing at their standard variable rate, for any purpose up to an agreed limit (subject to their underwriting criteria).
Additional remortgage package incentives are also available.
Scottish Widows Bank specialises in offering innovative solutions for professionals. Their unique understanding of the professional market allows them to assess applications on an individual basis, taking account of individual circumstances and career paths.
For further details on what Scottish Widows Bank has to offer, please call them on 0845 845 0829 quoting reference AOP or visit their website by clicking here.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
This is for information only. The Association of Optometrists and Scottish Widows Bank are not regulated by the FSA to give mortgage advice and if you require any advice we recommend you consult a Financial Adviser. The AOP will receive a payment of £225 if you take out a mortgage with Scottish Widows Bank.
Applicants must be aged 21 or over. Telephone calls may be recorded or monitored. Scottish Widows Bank plc, Company Number 154554. Registered in Scotland having its Registered Office at PO Box 12757, 67 Morrison Street, Edinburgh, EH3 8YJ. The main business of Scottish Widows Bank is arranging, entering into and administering mortgages and accepting deposits. Authorised and registered by the Financial Services Authority. Our FSA register number is 201601. Signatory to the Banking Codes.
