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 REDUCING SELECTED CLYDESDALE BANK FIXED RATES
We wanted to let you know that we’re reducing the rates on the following Clydesdale Bank products on Friday 25 August.
Exclusive remortgage deals – available for loan sizes between £200,000 and £1.5m
- 80% LTV 2 Year Fixed Rate will be reduced by 0.25% to 6.10%.
- 80% LTV 5 Year Fixed Rate will be reduced by 0.13% to 5.69%.
Exclusive purchase deals – available for loan sizes between £300,000 and £600,000
- 90% LTV 5 Year Fixed Rate will be reduced by 0.05% to 5.60%.
Exclusive large loan deals – available for loan sizes between £1m and £2m
- 65% & 75% 2 and 5 year large loan fixed rates will be reduced by up to 0.11% starting from 5.49%.
New and existing customer products
- Professional 85% & 90% LTV 2 year fixed rates will be reduced by up to 0.20% starting from 6.45%.
- Professional 75% -90% LTV 5 year fixed rates will be reduced by up to 0.12% starting from 5.61%.
- Newly Qualified Professional 75% & 85% LTV 2 year fixed rates will be reduced by up to 0.20% starting from 6.45%.
- Newly Qualified Professional 75% & 95% LTV 5 year fixed rates will be reduced by up to 0.10% starting from 5.85%.
- Selected 2 year fixed rates will be reduced by up to 0.20%.
- Selected 5 year fixed rates will be reduced by up to 0.11%.
- BTL 2 year fixed rates will be reduced by up to 0.18%.
- BTL 5 year fixed rates will be reduced by up to 0.16%.
Good news, we now accept applications across England, Wales & Scotland for residential loans of £750,000+, over 75% LTV, where any part of the loan is interest only. Previously, this was restricted to London & South East England.
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.