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’ve launched new products and reduced Clydesdale Bank fixed rates
We wanted to let you know that we’ve launched a new Exclusive 80% LTV product with £1,000 cashback for your remortgage customers. We’ve also reduced the rates on the following Clydesdale Bank products. Here’s what’s available from today.
New customer products
NEW Exclusive remortgage deal 80% LTV 5 Year Fixed Rate with £1,499 fee, which comes with £1,000 cashback plus a free valuation, has been launched at 4.39%.
Selected 75% – 90% LTV fixed rates have been reduced by up to 0.37%, now from 4.34%.
NEW 85% LTV fixed rate fee-savers have been launched from 4.89%.
Professional and newly qualified professional 85% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.69%.
Exclusive £1-£2m up to 75% LTV fixed rates with £1,999 fee have been reduced by up to 0.30%, now from 4.41%.
£1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.45%, now from 4.54%.
BTL 60% – 75% LTV fixed rates have been reduced by up to 0.35%, now from 5.04%.
Product Transfer
65% – 95% LTV fixed rates with £499 fee have been reduced by up to 0.45%, now from 4.19%.
65% – 95% LTV fixed rate fee-savers have been reduced by up to 0.30%, now from 4.39%.
Professional and newly qualified professional 85% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.69%.
Exclusive £1-£2m up to 75% LTV fixed rates with £999 fee have been reduced by up to 0.30%, now from 4.41%.
£1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.45%, now from 4.54%.
BTL 60% – 75% LTV fixed rates have been reduced by up to 0.35%, now from 5.04%.
Just so you know – our new rates are now showing on all sourcing systems and our online application system. Our Mortgage illustrator will be updated this afternoon.