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
FIXED RATE INCREASES AND BTL REDUCTIONS
We wanted to let you know that we’re increasing rates across the following Clydesdale Bank products on Tuesday 19 March.
New and existing residential customer products
- Selected 2 and 5 year 65% & 75% LTV fixed rates will be increased by up to 0.13%.
Professional products
- 2 Year 75% LTV Fixed Rate will be increased by 0.05%.
Exclusive residential deals
- Selected 2 and 5 year fixed rate products will be increased by up to 0.10%.
If you’re applying for one of these products on behalf of your customer, please send us the application by 8pm today.
We’re also reducing selected products across our BTL and Interest Only ranges:
New and existing BTL customer products
- Selected 2 and 5 year fixed rate BTL products will be reduced by 0.30%.
New and existing customer products
- Selected 2 and 5 year 80% LTV fixed rate products will be reduced by 0.05%.
The end dates will move to June of the relevant year.
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.