Scottish Widows
Specialist LenderScottish Widows, part of Lloyds Banking Group, offers residential and buy-to-let mortgage products primarily distributed through the Halifax and Lloyds broker channels. With roots dating back to 1815, they bring the strength of a major banking group to the intermediary mortgage market.
Visit WebsiteScottish Widows
Lending Focus
Scottish Widows offers mortgage products across 2 categories including Residential, Buy-to-Let.
Key Features
- Residential and BTL products through Halifax intermediary channel
- Backed by Lloyds Banking Group financial strength
- Competitive rates leveraging major bank funding
- Heritage brand established in 1815
- Wide product range including remortgage and purchase
Pros & Cons
Pros
- Backed by Lloyds Banking Group providing exceptional financial strength
- Competitive rates leveraging major bank funding
- Well-established heritage brand dating back to 1815
- Wide product range for residential and buy-to-let
Cons
- –Broker-only — cannot apply direct (via Halifax intermediary channel)
- –No specialist adverse credit or complex income products
- –Limited flexibility compared to dedicated specialist lenders
Fees & Charges
Arrangement Fee
Typically £999 — may be added to the loan
Valuation Fee
Often free on selected products; otherwise based on property value
Early Repayment Charge
Typically 1–5% during fixed-rate period
Overpayment Allowance
Up to 10% per year on most products
Mortgage Rates
Rate data coming soon
We're working on adding live mortgage rate information for Scottish Widows. In the meantime, visit their website for the latest rates.
View rates on Scottish WidowsApplication Process
Processing Time
2–3 weeks from application to offer
Online DIP
Yes — available online
Offer Valid For
6 months
Lending Criteria
Maximum LTV
85%
Frequently Asked Questions
Is Scottish Widows part of Lloyds Banking Group?
Can I apply directly for a Scottish Widows mortgage?
Does Scottish Widows offer buy-to-let mortgages?
How to Apply
Broker Only
Scottish Widows products are only available through mortgage brokers. Use our broker directory to find a broker with Scottish Widows on their lender panel.
Contact Information
Need a Scottish Widows Broker?
Find FCA-regulated mortgage brokers who have Scottish Widows on their lender panel.
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.