Clydesdale Bank has reduced rates on selected new customer and product transfer products from today.
Changes for the new customer product range include the relaunch of residential 75% & 80% loan-to-value (LTV) fixed rate fee savers, now from 5.42%.
As well as this, new customers stand to benefit from 75% – 90% LTV fixed rates reduced by up to 0.48%, now from 4.99%, selected BTL 60% – 75% LTV fixed rates reduced by up to 0.41%, now from 5.39%, and professional and newly qualified professional fixed rates reduced by up to 0.33% now from 5.40%.
The range also includes exclusive £1-£2m 75% LTV fixed rates with a £1,999 fee reduced by up to 0.44% now from 5.22%, and £1m+ 65% – 85% LTV fixed rates reduced by up to 0.48% now starting from 5.30%.
As for Clydesdale’s product transfer range, new changes include 65% – 95% LTV fixed rates with a £499 fee reduced by up to 0.48%, now from 4.95%, 65%-95% LTV fixed rate fee savers reduced by up to 0.40%, now from 5.16%, and BTL 60% – 80% LTV fixed rates reduced by up to 0.41%, starting from 5.39%.
These new rates and more will be available on all sourcing systems and on Clydesdale’s online application system from today.
Additionally, the Bank’s mortgage illustrator will be updated this afternoon.
