Clydesdale Bank is reducing selected products tomorrow (Thursday 12 October).
It is also launching new fixed rates.
The details are as follows:
Exclusive remortgage deals with £500 cashback
- New 85% LTV two and five-year fixed rates will be launched starting from 5.24%.
- 80% LTV two-year fixed rate will be reduced by 0.15% to 5.84%.
- 75% LTV five-year fixed rate will be reduced by 0.05% to 5.20%.
- 80% LTV five-year fixed rate will be reduced by 0.27% to 5.22%.
These deals are available for loan sizes between £200,000 and £1.5m.
Exclusive purchase deals
- 90% LTV two-year fixed rate will be reduced by 0.15% to 5.89%.
- 90% LTV five-year fixed rate will be reduced by 0.15% to 5.35%.
These deals are available for loan sizes between £300,000 and £600,000.
Exclusive large loan deals
- 75% LTV two-year fixed rate will be reduced by 0.16% to 5.75%.
- 75% LTV five-year fixed rate will be reduced by 0.12% to 5.26%.
These deals are available for loan sizes between £1m and £2m.
New and existing customer products
- Selected two-year fixed rates will be reduced by up to 0.27%.
- Selected five-year fixed rates will be reduced by up to 0.12%.
- Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.27%.
- Two-year Offset Discounted rates will be reduced by 0.20%.
- Selected two-year buy-to-let fixed rates will be reduced by up to 0.30%.
The end dates will move to January of the relevant year.
