Clydesdale Bank is to reduce the pricing on selected mortgage products on Friday 5 January.
The changes are as follows:
New and existing residential customer products:
- Selected 2 and 5 year fixed rates will be reduced by up to 0.21%.
- Selected 2 and 5 year Interest Only fixed rates will be reduced by up to 0.21%.
Exclusive residential large loan deals:
- Selected 2 and 5 year fixed rates will be reduced by up to 0.21%.
These deals will be available for loan sizes between £1m and £2m.
Exclusive Purchase and remortgage deals:
- Purchase 2 and 5 year fixed rates will be reduced by up to 0.47%. Now starting at 4.27%.
- Remortgage 2 and 5 year fixed rates will be reduced by up to 0.33%. Now starting at 4.60%.
Professional products:
- Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.21%. Now starting at 4.90%.
Buy-to-let products:
- 5 year fixed rates will be reduced by up to 0.30%.
- Selected existing customer 2 and 5 year fee-saver fixed rates will be reduced by up to 0.32%.
