clydesdale mortgage

Clydesdale Bank launches new products and increases fixed rates

Clydesdale Bank has launched a range of residential and buy-to-let (BTL) products and introduced rate increases across its fixed rate offerings.

The bank launched two exclusive products, a 65-75% loan-to-value (LTV) £1m to £2m fixed rate, starting from 5.30%, and a 75-80% LTV remortgage fixed rate, with £500 cashback, starting from 5.28%.

For new customers, Clydesdale Bank introduced BTL products at 60-80% LTV, starting from 5.57%.

The lender launched a range of interest-only, £1m-plus and professional fixed rate products.

The bank also announced that from today, Thursday 22nd June, all of its existing residential and BTL fixed rates would be increased by 0.40%.

All of the above changes will take effect from today, and further details can be found on Clydesdales website.

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