Clydesdale Bank has made changes to its residential and buy-to-let range, launching a new exclusive 80% loan-to-value (LTV) product with £1,000 cashback for remortgage customers.
The Bank has reduced the rates on a selection of new customer and transfer products.
New customer deals includes selected 75% – 90% LTV fixed rates that have been reduced by up to 0.37%, now from 4.34%, new 85% LTV fixed rate fee-savers, launched from 4.89%, as well as professional and newly qualified professional 85% – 90% LTV fixed rates reduced by up to 0.26%, now from 4.69%.
The Bank also offers exclusive £1-£2m up to 75% LTV fixed rates with £1,999 fee that have been reduced by up to 0.30%, now from 4.41%, and £1m+ 65% – 85% LTV fixed rates reduced by up to 0.45%, now from 4.54%.
Buy-to-let 60% – 75% LTV fixed rates have also been reduced by up to 0.35%, and now start from 5.04%.
As for Clydesdale’s product transfer products, deals include 65% – 95% LTV fixed rates with £499 fee that have been reduced by up to 0.45%, and are now from 4.19%, 65% – 95% LTV fixed rate fee-savers reduced by up to 0.30%, now from 4.39%, as well as professional and newly qualified professional 85% – 90% LTV fixed rates reduced by up to 0.26%, now from 4.69%.
These reductions and more are now available on all sourcing systems, as well as Clydesdale’s online application system.
Its mortgage illustrator will be updated this afternoon.
