This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

The Scottish Building Society, based in Edinburgh, is the oldest building society in the world. They offer mortgages for a variety of different types of customers, including first time buyers, self-builders and over 65s.

This makes our LTV . Invalid LTV.

Scottish BS logo
Fixed 24 months From Scottish BS
Initial rate 1.76%
Monthly cost £742 for 24 months
Overall cost 4.6% APRC
See deal
Scottish BS logo
Fixed 24 months From Scottish BS
Initial rate 1.99%
Monthly cost £762 for 24 months
Overall cost 4.6% APRC
See deal
Scottish BS logo
Fixed 24 months From Scottish BS
Initial rate 2.19%
Monthly cost £780 for 24 months
Overall cost 4.6% APRC
See deal
Scottish BS logo
Fixed 36 months From Scottish BS
Initial rate 2.28%
Monthly cost £788 for 36 months
Overall cost 4.4% APRC
See deal
Scottish BS logo
Fixed 36 months From Scottish BS
Initial rate 2.28%
Monthly cost £788 for 36 months
Overall cost 4.4% APRC
See deal
Scottish BS logo
Fixed 60 months From Scottish BS
Initial rate 2.28%
Monthly cost £788 for 60 months
Overall cost 4% APRC
See deal
Scottish BS logo
Fixed 60 months From Scottish BS
Initial rate 2.28%
Monthly cost £788 for 60 months
Overall cost 4% APRC
See deal
Scottish BS logo
Fixed 24 months From Scottish BS
Initial rate 2.44%
Monthly cost £802 for 24 months
Overall cost 4.6% APRC
See deal
Scottish BS logo
Fixed 24 months From Scottish BS
Initial rate 2.99%
Monthly cost £853 for 24 months
Overall cost 4.8% APRC
See deal
Scottish BS logo
Fixed 60 months From Scottish BS
Initial rate 2.99%
Monthly cost £853 for 60 months
Overall cost 4.3% APRC
See deal

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

See the next 10 mortgages

Compare Mortgage Deals

"BOE base rate cut to 0.1% - Mortgage rates at all time low!"

Compare Top UK Mortgage Deals

  • Complete our 30 second form to find the latest deals
  • Compare quotes for leading UK lenders with an FCA qualified adviser with no obligation
  • Get a mortgage deal that is suited to your needs!

"Our mortgage team is committed to providing you with an excellent mortgage service".

Mortgage details

Initial rate:
Initial rate period:
Overall cost for comparison:
Maximum loan to value:
Product fee:

To find out more, call on

Website:
Lines are open:
Mon: 8am - 8pm
Tue: 8am - 8pm
Wed: 8am - 8pm
Thu: 8am - 8pm
Fri: 8am - 8pm
Sat: 9am - 4pm
Sun: Closed
Calls may be recorded

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

This comparison simply includes all mortgage services

Please make sure you meet the following criteria:

Get A Great Mortgage Deal!

We are 100% independent. Find the best mortgage rates from UK lenders...

Mortgages Direct provides an independent mortgage quotes and advice service. When you submit this form you will be contacted by a regulated mortgage adviser to discuss your options.

Compare Scottish Building Society mortgages

If you are thinking about taking out a mortgage with the Scottish Building Society or one of their competitors it is important to understand the different kinds of mortgages commonly available. This can help you choose the best option to fit your personal borrowing needs and circumstances.

First Time Buyer mortgages

You may be able to borrow up to 90% of your first home’s value with the Scottish Building Society using one of their guarantor mortgages. This allows the parents of the mortgage applicant to act as a guarantor, reducing the risk to the lender so they are willing to lend a higher percentage of the cost of the property.

Self build mortgages

Scottish Building Society lend up to 60% of the combined price of land and building costs for those planning to build their own homes. They will lend up to £300,000 and the funds are released at set points during construction as certain milestones are achieved, such as buying the land, laying foundations and getting the property weather tight.

Lifetime mortgages for over 65s

If you are over 65 you can borrow up to 35% of your property’s value as an interest only mortgage. This can allow you to unlock capital for home improvements, including modifications to help you cope with age-related disabilities. This kind of loan is often referred to as an equity release mortgage.

Remortgaging with the Scottish Building Society

Moving your mortgage to the Scottish Building Society may let you reduce your monthly payments by allowing you to get a lower interest rate than with your current mortgage. It can also let you borrow more, so you end up with a spare lump sum once your old mortgage is paid off.

Loan to value ratio

Loan to value (LTV) ratio is a way of showing how much of a property’s value you will be able to take out as a loan. So, if you are interested in buy a property on sale for £100,000 and need to borrow £70,000 as a mortgage, this would give you an LTV of 70%.

Most mortgage products will state the maximum loan to value offered with the product, giving you a good indicator of how much you are likely to be able to borrow. Your will normally be offered more attractive interest rates by your lender if you need a lower LTV.

Find the best deals on mortgage rates

Getting the lowest possible interest rate on your mortgage can make a bigger different to the total amount you end up repaying. It is therefore highly advisable to spend some time researching your various options before making an application.

Our mortgage calculator makes this much simpler by allowing you to see highly competitive deals from leading lenders across the market. Try it out by heading to the top of the page.

Independent Mortgage Advice

Remortgaging is particularly popular at the moment as interest rates are low.

Click to call

Whether it will be a good idea for you to remortgage depends on a number of factors, including your goals and your personal circumstances.

However, in general, if interest rates are lower than you are currently paying on your mortgage, it may be a good time to remortgage.

If interest rate are higher than you are currently paying, it may be better to look at other options, such as a second mortgage or a personal loan (if you aim is to borrow more).

If you are not sure whether now is the right time to remortgage, it is a good idea to speak to an independent mortgage broker who will be able to offer impartial advice.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

A-Z Scottish BS Mortgages

Latest news

Mortgage Rates Set To Fall - Is It A Good Time To Remortgage?

In response to the coronavirus outbreak in the UK, the Bank of England has dramatically cut their base rate from 0.75% to 0.1% which is considered to be an emergency measure to help support the economy through the financial disruption caused by the spread of the Covid-19 virus. How will this move impact your mortgage...

Newletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

mortages.direct is a trading style of Fair Investment Company.

We've been comparing and recommending mortgage deals for many years so you can trust you're in good hands.