clydesdale mortgage

Clydesdale Bank increases residential and BTL mortgage rates

Clydesdale Bank has made adjustments to its mortgage rates, effective tomorrow (March 5th), impacting its residential and buy-to-let (BTL) ranges.

For residential customers, both new and existing, Clydesdale Bank has increased rates on 2-year and 5-year fixed rates with loan-to-value (LTV) ratios of 65% and 75% by up to 0.29%.

Rates for professional products, specifically 2-year and 5-year fixed-rate options, will see an increase of up to 0.65%.

For BTL customers, Clydesdale Bank has raised rates on 2-year fixed-rate products with a 60% LTV by up to 0.06%.

The bank also introduced reductions in selected BTL products, with 2-year and 5-year fixed-rate options seeing decreases of up to 0.45%.

Additionally, Clydesdale Bank has rolled out a series of exclusive deals.

For residential remortgage purposes, the bank launched exclusive 2-year and 5-year fixed rates with LTV ratios ranging from 75% to 85%, accompanied by a £1,499 fee, starting from 4.54%.

Similarly, for residential purchases, exclusive fixed rates with LTV ratios ranging from 75% to 90%, with the same fee, will start from 4.44%.

Moreover, the bank extended its offerings to large loan residential products, introducing 2-year and 5-year fixed rates with LTV ratios between 75% and 90%, starting from 4.53%.

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