Flexibility is a key feature of our variable rate mortgage, giving you the freedom to make extra payments if and when you choose, whilst still benefiting from a great interest rate.

With our variable rate mortgage, there is no arrangement fee. Loan terms of up to 25 years are available and overpayments can be made at any time. An early repayment charge of £150 only applies during the first year of the loan.

Interest rate currently 4.74%. The overall cost for comparison is 4.9% APR.

Interest rates will be reviewed by the Board of Directors as an integral part of the on-going planning and budgeting meetings and product development.

Use our Mortgage calculator to obtain your own personalised, no obligation quotation.

More information on our Variable Rate Mortgage

For purchases we can help you to find a lawyer and your legal fees can be added to the loan if required (conditions apply).

For re-mortgages, legal work will be arranged by Scotwest and the fees can be added to the loan if required (conditions apply).

You can also benefit from discounted survey fees as we have secured special rates for Scotwest members with Hardies Surveyors.

You must maintain buildings insurance as a condition of your mortgage and annual evidence must be presented to Scotwest. You are free to choose your own insurance provider.

Life assurance and income protection insurance is also highly recommended and you are free to choose your own insurance provider.

Not a Scotwest Member?

Don’t worry! If you are not already a Scotwest Member you can still apply by completing our Mortgage Enquiry Form (you can also complete the form over the phone by calling Member Services on 0141 227 2390 (Monday to Thursday 8.30-5pm, Fridays 8.30-4pm). We will contact you to discuss your application further at that point.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Variable Rate Mortgage Terms & Conditions

Mortgage Arrears Charges Details

View Our Current Mortgage Rates