Clydesdale Bank introduces new and reduced rates

Clydesdale Bank has started the year by introducing new and reduced deals to help customers looking to secure a new rate.

These changes include new exclusive £1-£2m 65% loan-to-value (LTV) fixed rates with £1,999 fee launched from 4.71%, and new interest only discounted offset rates launched from 4.54%.

As well as this, 75% – 90% LTV fixed rates have been reduced by up to 0.26% and are now from 4.64%.

As for buy-to-let (BTL), 60% – 75% LTV fixed rates have been reduced by up to 0.22%, and now from 5.21%.

Additionally, new BTL 75% LTV fixed rate fee-savers were launched from 5.70%, and new BTL 80% LTV fixed rates were launched from 6.30%.

The Bank also reduced professional and newly qualified professional 85% LTV fixed rates by up to 0.43%, £1-£2m 75% LTV 5-year fixed rate with £1,999 fee by 0.24%, and £1m+ 65% – 85% LTV fixed rates by up to 0.26%.

Clydesdale has also made alterations to its Product Transfer range, as 65% – 95% LTV fixed rates with £499 fee have been reduced by up to 0.26%, now from 4.53%, and 65% – 95% LTV fixed rate fee-savers have been reduced by up to 0.43%, now from 4.64%.

These new rates, and many more, are now live on all sourcing systems, and Clydesdale’s website will be updated to include these new deals from tomorrow.

ADVERTISEMENT