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 making some changes
We wanted to let you know that we’re increasing the rates on the following Clydesdale Bank products on 21 November 2024.
Core residential (including product transfer)
- Selected 2 and 5 year 85%-95% LTV fixed rates will be increased by up to 0.29%.
BTL (including product transfer)
- 2 year 60%-75% LTV fixed rates will be increased by 0.30%.
Exclusives
- 2 and 5 year 80% LTV Large Loan Exclusives will be increased by up to 0.20%.
- 2 and 5 year 80% LTV Remortgage Exclusives will be increased by up to 0.15%.
- 2 and 5 year 85% LTV Remortgage Exclusives will be reintroduced, starting from 4.57%.
- 2 and 5 year 90% LTV Purchase Exclusives will be reintroduced, starting from 4.78%.
Professional products
- Selected 2 and 5 year Professional rates will be increased by up to 0.21%.
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 the following rates on 21 November 2024:
Residential discount offset
- 2 year discount offset rates will be reduced by 0.75% in line with changes to our SVR.
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.