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Standard Life Bank launches 25 year capped mortgage

Standard Life Bank is launching the third issue of Futureperfect, its 25 year capped rate mortgage.

Futureperfect is capped for the 25 year life of the loan at 6.59 per cent. Standard Life Bank&#39s standard variable rate is currently 6.95 per cent.

Standard Life Bank sales and marketing director David Macmillan says: “We know from experience the attraction of a &#39can&#39t go higher, can go lower&#39 mortgage proposition will generate a flood of calls from people who want to take the gamble out of choosing a mortgage.”

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