Scottish Building Society

Scottish Building Society

Phone: +44 (0)131 313 7700,
Fax: +44 0131 313 7711

People Buying or Moving Home

Scottish Building Society offers residential mortgages for people buying their new home, with a selection of competitive interest rates.
Loan Amount
Up to £500,000
Interest Rate
Please see our interest rate information pages for full details.
Applicants must be at least 18 years old on application and normally not more than 70 at end of mortgage term. Minimum mortgage term is 5 years and maximum term is 40 years
Where Early Repayment Charges apply to any of our mortgages you may be allowed to make overpayments (normally up to 10% of the loan amount per annum) without penalty.

You may be able to borrow back any earlier overpayments with no charge, subject to an affordability assessment.

All mortgage applications are based on affordability.

As a guide we will lend up to:

Main income x 4, PLUS second income x 1 OR
Joint income x 3.
For loans over 80% of the property valuation or purchase price (whichever is lower) we will lend up to:

Main income x 3.5, plus second income x1 OR
Joint income x 2.75
Any existing financial commitments will also be taken into consideration when affordability is calculated.


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