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’ve launched new Clydesdale Bank products and reduced selected fixed rates
New customer products
- NEW Exclusive £1-£2m 75% LTV 2 and 5 year fixed rates with £1,999 fee from 5.53%
- BTL 60% LTV 2 and 5 year fixed rates have been relaunched from 5.75%
- C&I 75% – 90% LTV 2 and 5 year fixed rates with £999 fee have been reduced by up to 0.30%, available from 5.30%
- £1m+ 65% – 85% LTV 2 and 5 year fixed rates have been reduced by up to 0.30% available from 5.45%
- IO 75% – 80% LTV 2 and 5 year fixed rates have been reduced by up to 0.16%, available from 5.55%
- Professional and Newly Qualified Professional 2 and 5 year fixed rates have been reduced by up to 0.15%, available from 5.64%
- OVR Discounted Offset products have been reduced by 0.40% available from 3.79%
Product Transfer
- NEW Exclusive £1-£2m 75% LTV 2 and 5 year fixed rates with £1,999 fee from 5.53%
- 65% – 95% LTV rates with £499 fee have been reduced up to 0.30%, available from 5.26%
- 65%-95% LTV fee saver rates have been reduced up to 0.15%, available from 5.49%
- OVR Discounted Offset products have been reduced by 0.40% available from 3.79%