Clydesdale Bank cuts rates on consumer deals and product transfers

Published on

Clydesdale Bank has unveiled new, reduced fixed rates and discounted offset rates.

The New rates are as follows:

Customer products:

  • New exclusive £1-£2m 65% LTV fixed rates with £1,999 fee launched from 4.71%.
  • New interest-only discounted offset rates launched from 4.54%.
  • 75% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.64%.
  • Buy-to-let 60% – 75% LTV fixed rates have been reduced by up to 0.22%, now from 5.21%.
  • New buy-to-let 75% LTV fixed rate fee-savers launched from 5.70%.
  • New buy-to-let 80% LTV fixed rates launched from 6.30%.
  • Professional and Newly qualified professional 85% LTV fixed rates have been reduced by up to 0.43%, now from 4.95%.
  • Exclusive £1-£2m 75% LTV 5 Year Fixed Rate with £1,999 fee has been reduced by 0.24%, now from 4.81%.
  • £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.26%, now from 4.88%

Product Transfer:

  • 65% – 95% LTV fixed rates with £499 fee have been reduced by up to 0.26%, now from 4.53%.
  • 65% – 95% LTV fixed rate fee-savers have been reduced by up to 0.43%, now from 4.64%.
  • Buy-to-let 60% – 75% LTV fixed rates have been reduced by 0.22%, now from 5.21%.
  • Professional and Newly qualified professional 85% LTV fixed rates have been reduced by up to 0.43%, now from 4.95%.
  • Exclusive £1-£2m 75% LTV 5 Year Fixed Rate with £999 fee has been reduced by 0.24%, now from 4.81%.
  • £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.26%, now from 4.88%.

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

Landlord confidence divides along regional lines

Landlords in the south of England are markedly more optimistic about the future of...

Hope Capital cuts fast-track bridging rates to 0.85%

Hope Capital has reduced its rate for residential fast-track bridging loans to 0.85% per...

Rightmove and Nationwide launch real-time mortgage eligibility check

Rightmove and Nationwide have launched a real-time digital tool that enables prospective homebuyers to...

Movera appoints director of professional standards

Home-moving group Movera has appointed Glen Walker as its new director of professional standards,...

Other news

Landlord confidence divides along regional lines

Landlords in the south of England are markedly more optimistic about the future of...

Hope Capital cuts fast-track bridging rates to 0.85%

Hope Capital has reduced its rate for residential fast-track bridging loans to 0.85% per...

Rightmove and Nationwide launch real-time mortgage eligibility check

Rightmove and Nationwide have launched a real-time digital tool that enables prospective homebuyers to...
Advertisement