Following the sale of Standard Life Bank to Barclays, which was announced in October, SLB mortgage and savings products will no longer be available to brokers.
In an email to intermediaries the bank says that while there will be no further sales of SLB mortgage products to intermediaries or directly, new and further borrowing requests will continue to be accepted from existing SLB customers.
It says: “Existing customers will be able to continue servicing their mortgage in the same way, either over the phone or online.
“There are also no changes to the availability of certain features for existing customers, such as cash reserve, borrow back, payment holidays and offsetting.”
The bank insists that procuration fees for pipeline savings business will be honoured and paid in the usual way.