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
Improvements to Clydesdale Bank’s self-employed documentation policy.
To make it easier for many self-employed customers, Clydesdale Bank has reduced the documentation required to support your applications.
For clients whose latest accounts are from 2021 or later
We no longer need a Self-Employed Supplementary Form, and have reduced the business bank statement requirement to one month.
For clients whose latest accounts have a year-end date of 31.12.2020 or earlier
We continue to need three months’ business bank statements and a completed Self-Employed Supplementary Form.
You can find our full lending criteria on our website.