Clydesdale Bank has announced an important product update for advisers. Please see below for more details. Contact us for more information, alternatively, you can visit their website here.
ANNOUNCEMENTS
WE’RE REDUCING SELECTED CLYDESDALE BANK RATES
We wanted to let you know that we’re reducing selected Clydesdale Bank products and launching new fixed rates on Friday 3 November.
Exclusive purchase deals
- NEW 75% LTV 2 Year Fixed Rate will be launched at 5.28%.
- NEW 85% LTV 2 Year Fixed Rate will be launched at 5.56%.
- NEW 85% LTV 5 Year Fixed Rate will be launched at 5.02%.
These deals are available for loan sizes between £300,000 and £600,000.
Exclusive Professional purchase deals
- NEW 75% LTV 2 Year Fixed Rate will be launched at 5.61%.
- NEW 75% LTV 5 Year Fixed Rate will be launched at 5.09%.
These deals are available for loan sizes between £150,000 and £1m.
Exclusive large loan deals
- 65% LTV 2 Year Fixed Rate will be reduced by 0.13% to 5.40%
- 75% LTV 2 Year Fixed Rate will be reduced by 0.25%, to 5.50%.
- 65% LTV 5 Year Fixed Rate will be reduced by 0.24% to 4.95%.
- 75% LTV 5 Year Fixed Rate will be reduced by 0.22% to 5.04%.
These deals are available for loan sizes between £1m and £2m.
New and existing customer products
- Selected 2 year fixed rates will be reduced by up to 0.26%.
- Selected 5 year fixed rates will be reduced by up to 0.22%.
- Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.18%.
You can find our current rates on our website. If you’ve got any questions, you can get in touch with your Business Development Manager.