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 17 November.
Exclusive purchase deals
- 2 and 5 year fixed rates will be reduced by up to 0.20%.
- NEW 65% LTV 2 Year Fixed Rate will be launched at 4.95%.
- NEW 65% LTV 5 Year Fixed Rate will be launched at 4.55%.
- NEW 75% LTV 5 Year Fixed Rate will be launched at 4.68%.
We’re reducing our minimum loan sizes. These deals will be available for loan sizes between £250,000 and £600,000.
Exclusive Professional purchase deals
- 2 year fixed rates will be reduced by up to 0.13%.
- 5 year fixed rates will be reduced by up to 0.20%
We’re reducing our minimum loan sizes across Professional Purchase Exclusives. These deals will be available for loan sizes between £125,000 and £1m.
Exclusive large loan deals
- 2 and 5 year fixed rates will be reduced by up to 0.10%.
These deals are available for loan sizes between £1m and £2m.
New and existing customer products
- 2 and 5 year fixed rates will be reduced by up to 0.35%.
- Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.26%
We’re reducing the minimum loan size to £125,000 for Professional fixed rate deals.
You can find our current rates on our website.