Clydesdale Bank has launched a new Exclusive 80% LTV product with £1,000 cashback for remortgage customers.

It has also reduced the rates on a number of Clydesdale Bank products.

Details are as follows:

New customer products

• New Exclusive remortgage deal 80% LTV 5 Year Fixed Rate with £1,499 fee, which comes with £1,000 cashback plus a free valuation, has been launched at 4.39%.
• Selected 75% – 90% LTV fixed rates have been reduced by up to 0.37%, now from 4.34%.
• New 85% LTV fixed rate fee-savers have been launched from 4.89%.
• Professional and newly qualified professional 85% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.69%.
• Exclusive £1-£2m up to 75% LTV fixed rates with £1,999 fee have been reduced by up to 0.30%, now from 4.41%.
• £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.45%, now from 4.54%.
• BTL 60% – 75% LTV fixed rates have been reduced by up to 0.35%, now from 5.04%.

Product Transfer

• 65% – 95% LTV fixed rates with £499 fee have been reduced by up to 0.45%, now from 4.19%.
• 65% – 95% LTV fixed rate fee-savers have been reduced by up to 0.30%, now from 4.39%.
• Professional and newly qualified professional 85% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.69%.
• Exclusive £1-£2m up to 75% LTV fixed rates with £999 fee have been reduced by up to 0.30%, now from 4.41%.
• £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.45%, now from 4.54%.
• BTL 60% – 75% LTV fixed rates have been reduced by up to 0.35%, now from 5.04%.