Clydesdale Bank has informed brokers that it will be reducing the rates on selected products as of tomorrow, Friday the 11th of August.
Two of the Bank’s exclusive purchase deals will benefit from the reductions, including a 90% loan-to-vale (LTV) 2-year fixed rate reduced by 0.06% to 6.14%, and a 90% LTV 5-year fixed rate reduced by 0.10% to 5.65%.
As for its exclusive large loan deals, 65% and 75% LTV 2- and 5-year fixed rates will be reduced by up to 0.10% starting from 5.60%.
For both new and existing customers, professional 85% and 90% LTV 2 -year fixed rates will be reduced by up to 0.25% starting from 6.60%, while professional 85% and 90% LTV 5-year fixed rates will be reduced by up to 0.20% starting from 5.90%.
Additionally, selected 65% and 75% LTV 2-year fixed rates will be reduced by up to 0.07%, and 65% and 75% LTV 5-year fixed rates will also be reduced by up to 0.10%.
