Clydesdale Bank is introducing new mortgage products on Tuesday 13 February.
The new deals are as follows:
Exclusive residential deals:
- New Interest Only £1m-£2m 65% and 75% LTV 2 and 5-year fixed rates will be launched from 4.18%.
- Selected purchase and remortgage fixed rates will have their minimum loan size reduced to £150,000.
New and existing residential customer products:
- Selected 95% LTV 2 and 5 year fixed rates will be reduced by up to 0.30%.
Professional products:
- Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.60%.
- Selected Professional fixed rates will have their minimum loan size reduced to £100,000.
The end dates will move to May of the relevant year.
The bank is also making these changes at 8pm on Monday 12 February:
- Selected residential fixed rates will be increased by up to 0.20%.
- Selected Professional and Newly Qualified Professional fixed rates will be withdrawn.
- Exclusive 65% LTV residential purchase fixed rates will be withdrawn.
