Standard Life Bank announces mortgage rate cuts

Standard Life Bank has announced rate cuts across several of its Freestyle flexible mortgage product ranges.

All three, five and ten year fixed residential rates have been reduced as well as all Freestyle Term Tracker products.

New rates being launched include:

3 year fixed residential rates from 5.95% up to 50% LTV (7.2% APR) fixed until 24/10/2011;
5 year fixed residential rates from 6.09% up to 75% LTV (7.0% APR) fixed until 24/10/2013;
10 year fixed residential rates from 6.25% up to 75% LTV (6.9% APR) fixed until 24/10/2018;
Term Tracker rates from 6.50% up to 75% LTV (6.8% APR).

These rates are available from Friday 5 September for a limited period only and subject to availability.