Clydesdale Bank to introduce new product range and rate changes

Clydesdale Bank has announced plans to launch a new range of products for its new business customers.

This introduction will take place on Tuesday, 13th June 2023.

Last week Clydesdale temporarily withdrew products as the market continues to reprice in the face of persistent inflation and higher-than-expected base rate forecasts.

In addition to the new product roll-out, the bank also plans to implement changes in its existing customer products.

As of 8pm today, all residential and buy-to-let (BTL) fixed rates will undergo an increase by either 0.20% or 0.30%.

This modification applies to the entire range of residential and BTL fixed-rate products.

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