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Funding Buy to Let Property With Scottish Widows Bank
Are you looking for a mortgage option to fund the purchase of buy to let property? While many investors prefer to use lenders with centuries of banking tradition, there are also many benefits associated with choosing newer lending institutions to handle your home loan needs. In many situations, smaller and newer lenders are keen to build relationships with new customers. This can benefit borrowers, who often enjoy access to innovative loan programs and top notch customer service.
If you find the idea of using a newer lender appealing, yet you are also drawn to the idea of financial tradition, Scottish Widows Bank may be the ideal solution for you. Founded in 1995, Scottish Widows Bank was established and is owned by Scottish Widows, a sizeable pensions, and investment organisation that operated for 180 years before deciding to venture into the banking business. Because of its unique origins, Scottish Widows Bank provides customers with the innovation of a new bank with the stability and strength of a long standing successful financial services provider.
As a new bank, Scottish Widows started out offering savings products, and then ventured into the mortgage loan business. Scottish Widows Bank became one of the first UK lenders to introduce a flexible mortgage option. After experiencing success with this exciting home loan option, the bank introduced a home loan for professionals that allows up to 100 percent funding. Scottish Widows Bank continues to grow and develop, and is positioned to continue to meet the needs of UK home purchases for many years to come.
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