About Bank of Scotland
Owning a home is one of the to do’s a number of customers would like to tick off their boxes. When you have a stable house under your name, you know that life tends to be a whole lot easier to live.
Saying yes to clients when it comes to their home loan applications is one of the joys of our occupation.
To us, we know that we have afforded customers the opportunity of being a homeowner. Getting a quick cash loan approved is not all there is, the client also has to ensure that they fulfil the credit requirements at all reasonable times.
Benefits of being a first-time buyer
One of the reasons why a number of customers don’t want to buy houses is because of the fees that are incurred in this option. There is a big misconception that you would be due to pay hefty amounts of money.
At the Bank of Scotland, we know that customers have other expenses to deal with it. The monthly repayments that are part of your home loan might be less than you had anticipated. This is one of the great perks of being a first time home buyer. If you would like to find out more about this option, visit our website or give us a call.
Fight your mortgage fears
We know how terrifying it must be to be a potential home buyer. There are a number of factors that come to mind. We will help you reach your optimum by giving you all the tips that will help you make a better and financially practical decision.
Approving home loans is what we do for a living. There should be nothing that sneaks up to you such as fear when you are aspiring to change your life for the greater good.
What Bank of Scotland can offer you
If you are already an existing customer with Bank of Scotland, you can visit our website to find out about the great financial deals that we have for existing clients from accounts to personal loans and savings options.
On the other hand, if you would like to become a customer with us, you can apply and we will take from there. A new client will not have as many benefits as an already existing customer. The more they grow into our organization, the more benefits they will start to reap.
Why was my home loan application turned down?
It is important to remember that while you might have an excess of money after all your payments have been paid for, we need to look at your bank statements. The customer needs to be able to do the things they enjoy.
If we feel that you are already paying a number of credit items including a vehicle loan and other short term loans, we might decline your request. This doesn’t stop you from applying for a home loan in future. As long as you meet our requirements and have hefty money that serves as a reminder, we will help you.
Making use of the loan calculator
The loan calculator will help you be able to determine the amount you intend on applying for. The interest charges will also be inclusive so you will have the exact payment that will be due to you should you qualify for the property loan.
A number of customers make use of the option and it has helped them make better financial choices. We usually encourage our customers to only take the amount they need for a home loan and nothing else. This way, it will be easier and cheaper to pay off.
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In a Nutshell
- Online application
- In-store application
- Unsecured loan option
- Secured loan option
- Bad credit consideration
- Early repayment
At the bank of scotland we like to make it convenient for our clients, get a home loan online today
Depending on when your home loan application was approved, you would get your money on the same business day or the next. Should you submit your documents when we request them, you will get your money on the same business day.
We know that customers usually want to make use of the money right away and that is why we try our best to ensure that we don’t make them wait for too long.
Can I pay more than I am required to do so?
If you would like to make additional payments towards your property finance, you are welcome to so. This will fast track your loan and you might settle it sooner than you expected.
It also gives us a sign of true determination towards the customer. Having such an attitude will come in handy when you are looking for credit in the future. There are also no charges for paying your loan ahead of time so there is nothing to worry about.
Can I set up an appointment?
If you have any queries you would like to make directly to us and not through the phone, you can call to set up an appointment. We have a number of consultants that are ready to assist the client with all their financial concerns.
We know and understand that some customers aren’t too comfortable with sharing their personal details over the phone and prefer coming to our branch.
Eligibility & Requirements
- 18 years or older
- UK resident
- Employed full-time
- Credit check
- Active UK bank account
- Photo ID
- Recent pay slips
- Bank statements
- Proof of address
Other Products & Services
- HOME Loans
- CAR Loans
- PERSONAL Loans
- BUSINESS Loans
Customer Reviews & Testimonials
The online home loan calculator was a nice tool to help us see our estimate monthly repayment.
— Livingston —
A finance provider you can trust.
— Edinburgh —
Find us here
300 Lawnmarket, Edinburgh
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:30 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed
Get in contact
- 0345 850 0842
- 0845 606 0286
- 0845 606 6114
- Visit Website