Clydesdale Bank cuts pricing on select BTL and residential products

Published on

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%.

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Mortgage Works cuts rates for new customers

The Mortgage Works (TMW) has reduced rates by up to 0.30 percentage points across...

MPowered launches YouTube show to demystify homebuying

MPowered Mortgages has created a new YouTube series, On the House, aimed at helping...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Other news

The Mortgage Works cuts rates for new customers

The Mortgage Works (TMW) has reduced rates by up to 0.30 percentage points across...

Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and...

MPowered launches YouTube show to demystify homebuying

MPowered Mortgages has created a new YouTube series, On the House, aimed at helping...