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Mortgages

Helping people buy properties in Scotland since 1848

Following the Bank of England’s decision to reduce Bank Base Rate by 0.25%, we're pleased to advise we'll be passing on this rate change in full by reducing our mortgage Standard Variable Rate (SVR) from 8.49% to 8.24%.
Our new SVR rate will take effect from 1 October 2024 and members on a variable rate mortgage will be notified of their new repayment following this rate change at least 14 days ahead of their next scheduled payment.
Remortgage
Key Information
  • Loans from £30,000 up to £1,000,000
  • Free legals and valuation (or £250 cashback) in Scotland
  • Free valuation and £250 cashback in England
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Residential Mortgages
Key Information
  • Loans from £30,000 up to £1,000,000
  • Up to 90% Loan to Value
  • Guarantor Mortgages are available
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Self-Build and Custom-Build
Key Information
  • Loans from £30,000 up to £1,000,000
  • Staged funding arrangements to meet your requirements
  • No bridging loan required
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Holiday Let Mortgages
Key Information
  • Loans from £50,000 up to £350,000
  • Available for new and existing residential holiday lets
  • Mortgages available from 5 years to 40 years
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Retirement Interest Only
Key Information
  • Open to applicants age 55 and over
  • No maximum age
  • Capital is only repaid on sale of the property
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Entrepreneurs
Key Information
  • Loans from £30,000 up to £1,000,000
  • We'll consider your business’s performance and potential
  • All income considered when calculating affordabilty
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Professional Mortgages
Key Information
  • Loans from £50,000 to £1,000,000
  • Borrow up to 95% of the purchase price or valuation – whichever is lower
  • Open to applicants age 21 and over
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Guarantor Mortgages
Key Information
  • Loans from £50,000 to £300,000
  • For buyers who may not have sufficient income in their own right to get a mortgage in their name (including students)
  • Up to 90% Loan to Value
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Helping people buy properties in Scotland since 1848
Interest Rates
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We’re here to help you get the most out of your money while feeling good about your investment. We’re a people based society, so why not book an appointment at your local branch or call us?

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
 
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Scottish Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Register No 206034)