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
New Year, new large loan deals from Clydesdale Bank
Great news for your large loan customers as we kick start the year with new broker Exclusives, at lower LTVs and reduced rates.
Clydesdale Bank’s £1m-£2m exclusive range is now available up to 75% LTV, with fixed rates from 4.71%.
Sound good? Here’s five more reasons to use us for your large loan cases.
Complex and non-standard incomes are considered (self-employed, contractors, investments, pensions and trusts).
Options on capital repayment up to 90% LTV, part & part up to 80% LTV and interest only up to 75% LTV. LTV criteria depends on loan size. We can go up to 90% LTV to £1m, 85% LTV to £1.5m, 80% LTV to £2.5m and 75% LTV to £5m.
Upfront pricing and fixed fees.
A wide range of property types considered.
Mix and match products in the >£1m range with just one product fee. That could be part of the loan on a fixed rate and the remainder on an offset rate, giving customers extra flexibility