Clydesdale Bank has today reduced rates across selected residential and buy-to-let (BTL) products.
Reductions can be seen across its new customer product and product transfer ranges.
Firstly, 75% – 90% loan-to-value (LTV) fixed rates have been reduced by up to 0.14%, now from 4.79%.
Additionally, BTL 60% – 75% LTV 5-year fixed rates have been reduced by 0.21%, now from 5.32%.
Professional and newly qualified professional 85% LTV 5-year fixed rates have also been reduced by 0.17%, now from 5.18%.
As for the Bank’s product transfer range, reductions include 65% – 95% LTV fixed rates with £499 fee that are now from 4.79% (reduced by 0.10%).
65%-95% LTV fixed rate fee savers have also been reduced by up to 0.17%, now from 4.90%, as well as BTL 60% – 80% LTV 5-year fixed rates which are now available from 5.32%.
These new rates and more will be available from today, and on all sourcing systems, as well as Clydesdale’s online application system.
The Bank’s mortgage illustrator will be updated this afternoon.
