Mortgages

Scottish Widows Bank

Mortgage Providers

The bank was established in March 1812 by a group of Scotsmen in Edinburgh. Their idea was to set up a general fund to help widows, sisters and other females related to deceased clergymen, schoolmasters and the like. This was set up to help avoid them becoming poverty stricken as was all too common in the 19th century.

The Scottish Widows Fund and Equitable Assurance Society was Scotland's first mutual life office and started trading in 1815. By September 1821 it had funds of £20,000.

The company is now a part of Lloyds TSB Group and offers various financial products including loans, savings and a full mortgage portfolio. Amongst its mortgages it specialises in Graduate and Professional mortgages as well as flexible and lifetime mortgages.

What is a Scottish Widows Professional mortgage?

Professional mortgages are available to accountants, doctors, dentists, teachers, solicitors, vets and pharmacists.

What is a Scottish Widows Graduate mortgage?

This mortgage is suitable for Graduate first time buyers where you can borrow 100% of the value of the property and then borrow a further 2% which can be used towards legal fees and stamp duty.

Contact Details

Address: 15 Dalkeith Road; Edinburgh; EH16 5BU
Telephone: 0845 845 0829
Website: www.scottishwidows.co.uk

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