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
Due to high demand, we have made the decision to temporarily withdraw all Clydesdale Bank new business mortgage products at 5pm today, Thursday 15 June 2023.
Our Product Transfer range for existing customers will remain available. The Virgin Money product range also remains available and unchanged.
If you’re applying for one of these products on behalf of your customer, please send us the application as soon as possible.
We will launch a new range of products next week.
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.
NEW CLYDESDALE BANK PRODUCTS AND FIXED RATE INCREASES
We wanted to let you know that we’re launching the following Clydesdale Bank products on Thursday 22 June.
Exclusives
- NEW 65-75% LTV £1-2m fixed rates, starting from 5.30%.
- NEW 75-80% LTV remortgage fixed rates with £500 cashback, starting from 5.28%.
New customer products
- NEW 85-90% LTV Full C&I fixed rates, starting from 5.50%.
- NEW 65-80% LTV Interest Only fixed rates, starting from 5.45%.
- NEW 65-85% LTV £1m+ fixed rates, starting from 5.50%.
- NEW Professional 85-95% LTV fixed rates, starting from 5.50%.
- NEW BTL 60-80% LTV fixed rates, starting from 5.57%.
We’ll also be making these changes at 8pm today:
Existing customer products
- All residential and BTL fixed rates will be increased by 0.40%.
If you’re applying for one of these products on behalf of your customer, please send us the application as soon as possible.
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.