OUR MORTGAGE RATES EFFECTIVE 1ST OCTOBER For financial adviser use only

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1 OUR MORTGAGE RATES EFFECTIVE 1ST OCTOBER 2016 For financial adviser use only

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3 Investment Mortgage Rates Bond PROFESSIONAL MORTGAGE TWO YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2018 Up to 60% 1.39% Currently 3.74% 3.5% APRC 1,499 Up to 60% 1.59% Currently 3.74% 3.5% APRC 999 Up to 75% 1.54% Currently 3.74% 3.5% APRC 1,499 Up to 75% 1.69% Currently 3.74% 3.5% APRC 999 Up to 85% 1.89% Currently 3.74% 3.4% APRC 1,499 Up to 85% 2.09% Currently 3.74% 3.5% APRC 999 Up to 90% 2.69% Currently 3.74% 3.6% APRC 1,499 Up to 90% 2.89% Currently 3.74% 3.6% APRC 999 All products are available for house purchase and remortgage (up to 85% for remortgage with capital raise) Maximum borrowing is 1 million up to 85% LTV and 750,000 for 90% LTV. For loans over 1 million up to 80% LTV, see our Large Loan range Offset is available with all 2 Year Fixed Rate Products TWO YEAR FIXED RATES FOR BORROWING OVER 1 MILLION 30th November 2018 * Up to 60% 1.99% Currently 3.74% 3.6% APRC 1,999 Up to 75% 2.19% Currently 3.74% 3.6% APRC 1,999 Up to 80% 2.79% Currently 3.74% 3.6% APRC 1,999 All products are available for house purchase and remortgage Offset is available with all 2 Year Fixed Rate Products *Where product fees apply these are payable for each 3 million of borrowing (ie for loans of 1 million to 2,999,999 one product fee is payable; for loans of 3 million to 5,999,999 two product fees will be payable; for loans of 6 million to 8,999,999 three product fees will be payable; and so on). 1

4 Mortgage Rates THREE YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2019 Up to 60% 1.84% Currently 3.74% 3.5% APRC 1,499 Up to 60% 2.29% Currently 3.74% 3.5% APRC No fee Up to 75% 2.04% Currently 3.74% 3.5% APRC 1,499 Up to 75% 2.44% Currently 3.74% 3.6% APRC No fee Up to 85% 2.39% Currently 3.74% 3.4% APRC 1,499 Up to 85% 2.79% Currently 3.74% 3.5% APRC No fee Up to 90 % 3.09% Currently 3.74% 3.6% APRC 1,499 Up to 90% 3.59% Currently 3.74% 3.8% APRC No fee All products available for house purchase and remortgage (up to 85% for remortgage with capital raise) Maximum borrowing is 1 million up to 85% LTV and 750,000 for 90% LTV. For loans over 1 million up to 80% LTV, see our Large Loan range Offset is available with all 3 Year Fixed Rate Products THREE YEAR FIXED RATES FOR BORROWING OVER 1 MILLION 30th November 2019 * Up to 60% 2.14% Currently 3.74% 3.5% APRC 1,999 Up to 75% 2.34% Currently 3.74% 3.5% APRC 1,999 Up to 80% 2.94% Currently 3.74% 3.7% APRC 1,999 All products are available for house purchase and remortgage Offset is available with all 3 Year Fixed Rate Products *Where product fees apply these are payable for each 3 million of borrowing (ie for loans of 1 million to 2,999,999 one product fee is payable; for loans of 3 million to 5,999,999 two product fees will be payable; for loans of 6 million to 8,999,999 three product fees will be payable; and so on). 2

5 Mortgage Rates FIVE YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2021 Up to 60% 2.29% Currently 3.74% 3.4% APRC 1,499 Up to 75% 2.54% Currently 3.74% 3.5% APRC 1,499 Up to 85% 2.89% Currently 3.74% 3.4% APRC 1,499 Up to 90% 3.59% Currently 3.74% 3.7% APRC 1,499 All products are available for house purchase and remortgage (up to 85% for remortgage with capital raise) Offset is available with all 5 Year Fixed Rate Products TWO YEAR VARIABLE RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION Up to 60% Up to 75% Initial Rate (Variable) 1.49% above Bank of England base rate for two years, giving a current rate of 1.74% 1.64% above Bank of England base rate for two years, giving a current rate of 1.89% Currently 3.74% 3.6% APRC 999 Currently 3.74% 3.6% APRC 999 All products available for house purchase and remortgage Offset is available with all Variable Rate Products 3

6 Mortgage Rates FLEXIBLE MORTGAGE TWO YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2018 Up to 60% 1.49% Currently 3.74% 3.5% APRC 1,499 Up to 60% 1.69% Currently 3.74% 3.5% APRC 999 Up to 75% 1.64% Currently 3.74% 3.5% APRC 1,499 Up to 75% 1.79% Currently 3.74% 3.5% APRC 999 Up to 85% 1.99% Currently 3.74% 3.4% APRC 1,499 Up to 85% 2.19% Currently 3.74% 3.5% APRC 999 Up to 90 % 2.79% Currently 3.74% 3.6% APRC 1,499 Up to 90% 2.99% Currently 3.74% 3.6% APRC 999 All products available for house purchase and remortgage (up to 85% for remortgage with capital raise) Maximum borrowing is 1 million up to 85% LTV and 750,000 for 90% LTV. For loans over 1 million up to 80% LTV, see our Large Loan range Offset is available with all 2 Year Fixed Rate Products TWO YEAR FIXED RATES FOR BORROWING OVER 1 MILLION 30th November 2018 * Up to 60% 2.09% Currently 3.74% 3.6% APRC 1,999 Up to 75% 2.29% Currently 3.74% 3.6% APRC 1,999 Up to 80% 2.89% Currently 3.74% 3.6% APRC 1,999 All products are available for house purchase and remortgage Offset is available with all 2 Year Fixed Rate Products *Where product fees apply these are payable for each 3 million of borrowing (ie for loans of 1 million to 2,999,999 one product fee is payable; for loans of 3 million to 5,999,999 two product fees will be payable; for loans of 6 million to 8,999,999 three product fees will be payable; and so on). 4

7 Mortgage Rates THREE YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2019 Up to 60% 1.94% Currently 3.74% 3.4% APRC 1,499 Up to 60% 2.39% Currently 3.74% 3.5% APRC No fee Up to 75% 2.14% Currently 3.74% 3.5% APRC 1,499 Up to 75% 2.54% Currently 3.74% 3.6% APRC No fee Up to 85% 2.49% Currently 3.74% 3.4% APRC 1,499 Up to 85% 2.89% Currently 3.74% 3.5% APRC No fee Up to 90 % 3.19% Currently 3.74% 3.6% APRC 1,499 Up to 90% 3.69% Currently 3.74% 3.8% APRC No fee All products are available for house purchase and remortgage (up to 85% for remortgage with capital raise) Maximum borrowing is 1 million up to 85% LTV and 750,000 for 90% LTV. For loans over 1 million up to 80% LTV, see our Large Loan range Offset is available with all 3 Year Fixed Rate Products THREE YEAR FIXED RATES FOR BORROWING OVER 1 MILLION 30th November 2019 * Up to 60% 2.24% Currently 3.74% 3.5% APRC 1,999 Up to 75% 2.44% Currently 3.74% 3.5% APRC 1,999 Up to 80% 3.04% Currently 3.74% 3.6% APRC 1,999 All products are available for house purchase and remortgage Offset is available with all 3 Year Fixed Rate Products *Where product fees apply these are payable for each 3 million of borrowing (ie for loans of 1 million to 2,999,999 one product fee is payable; for loans of 3 million to 5,999,999 two product fees will be payable; for loans of 6 million to 8,999,999 three product fees will be payable; and so on). 5

8 Mortgage Rates FIVE YEAR FIXED RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION 30th November 2021 Up to 60% 2.39% Currently 3.74% 3.4% APRC 1,499 Up to 75% 2.64% Currently 3.74% 3.4% APRC 1,499 Up to 85% 2.99% Currently 3.74% 3.4% APRC 1,499 Up to 90% 3.69% Currently 3.74% 3.8% APRC 1,499 All products are available for house purchase and remortgage (up to 85% for remortgage with capital raise) Offset is available with all 5 Year Fixed Rate Products TWO YEAR VARIABLE RATES FOR BORROWING UP TO AND INCLUDING 1 MILLION Up to 60% Up to 75% Initial Rate (Variable) 1.59% above Bank of England base rate for two years, giving a current rate of 1.84% 1.74% above Bank of England base rate for two years, giving a current rate of 1.99% Currently 3.74% 3.6% APRC 999 Currently 3.74% 3.6% APRC 999 All products are available for house purchase and remortgage Offset is available with all Variable Rate Products 6

9 Mortgage Rates EARLY REPAYMENT CHARGES With a fixed rate mortgage, up to 10% of the loan balance may be repaid once per mortgage year without an early repayment charge. With a variable rate mortgage (not including our Standard Variable Rate) there are no early repayment charges unless overpayments take the outstanding balance below 100, or pay off the mortgage completely. Where early repayment charges do apply, the following table shows our current charging structure for the different products available. All products have a 195 Redemption Fee which is added to the loan on redemption of the mortgage. Product Type For products with a up to 75% For products with a over 75% Two Year Fixed rate ( 999 fee) Two Year Fixed rate ( 1,499 fee) Two Year Fixed rate ( 1,999 fee) Three Year Fixed rate (No fee) Three Year Fixed rate ( 1,499 fee) Three Year Fixed rate ( 1,999 fee) Five Year Fixed rate ( 1,499 fee) Two Year Variable rate ( 999 fee) 2.75% of the chargeable balance* being made, followed by 1.20% for the remaining term of the fixed rate. 2.50% of the chargeable balance* being made, followed by 1.20% for the remaining term of the fixed rate. made, followed by 1.50% for the remaining term of the fixed rate. made, followed by 2.00% between the 12th and 24th payments, followed by 1.95% for the remaining term of the fixed rate. made, followed by 2.00% between the 12th and 24th payments, followed by 1.30% for the remaining term of the fixed rate. made, followed by 2.00% between the 12th and 24th payments, followed by 1.50% for the remaining term of the fixed rate. 5.00% of the chargeable balance* being made, followed by 4.00% between the 12th and 24th payments, followed by 3.00% between the 24th and 48th payments, followed by 1.50% for the remaining term of the fixed rate. made, followed by 1.50% for the remaining term of the variable rate. made, followed by 2.00% for the remaining term of the fixed rate. made, followed by 1.75% for the remaining term of the fixed rate. made, followed by 2.00% for the remaining term of the fixed rate. made, followed by 2.00% for the remaining term of the fixed rate. made, followed by 2.00% between the 12th and 24th payments, followed by 1.75% for the remaining term of the fixed rate. made, followed by 2.00% for the remaining term of the fixed rate. 5.00% of the chargeable balance* being made, followed by 4.00% between the 12th and 24th payments, followed by 3.00% between the 24th and 48th payments, followed by 1.90% for the remaining term of the fixed rate. Not applicable. Standard Variable Rate No early repayment charges apply. No early repayment charges apply. *For fixed rate products the chargeable balance is any amount repaid that exceeds 10% of the outstanding mortgage balance at the time of the repayment, or the full amount being repaid if a repayment has already been made in the same year. For variable rate products, the chargeable balance is the full amount of mortgage taken on the variable rate product at the outset. Interest rates correct at time of going to press 1st October Current rates can be obtained via our adviser website 7

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12 Scottish Widows Bank plc. Registered Office: PO Box 12757, 67 Morrison Street, Edinburgh EH3 8YJ. Registered in Scotland no Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number /16