Clydesdale and Yorkshire Banks will be offering a new range of mortgage products exclusively for business and Private Bank customers from 1 July.
The new range of residential mortgages offers fixed rate loans of up to 90% loan-to-value (LTV) over two and five years, and offset loans of up to 80% LTV over two years.
The products will be available to existing and new business or private customers of both Clydesdale Bank and Yorkshire Banks.
Product* | Max LTV | Rate | APR | Arr. Fee | ERC |
2 year fixed | 70% | 2.29% | 4.5% | £999.00 | 3% / 2% |
2 year fixed | 75% | 2.49% | 4.6% | £999.00 | 3% / 2% |
2 year fixed | 80% | 2.99% | 4.7% | £999.00 | 3% / 2% |
2 year fixed | 90% | 4.09% | 4.9% | £999.00 | 3% / 2% |
5 year fixed | 60% | 2.59% | 4.1% | £999.00 | 5% / 5% / 4% / 3% / 2% |
5 year fixed | 70% | 2.99% | 4.2% | £999.00 | 5% / 5% / 4% / 3% / 2% |
5 year fixed | 75% | 3.09% | 4.3% | £999.00 | 5% / 5% / 4% / 3% / 2% |
5 year fixed | 80% | 3.59% | 4.5% | £999.00 | 5% / 5% / 4% / 3% / 2% |
5 year fixed | 90% | 4.49% | 4.9% | £999.00 | 5% / 5% / 4% / 3% / 2% |
2 year offset discount | 60% | 2.59% | 4.6% | £999.00 | 3% / 2% |
2 year offset discount | 65% | 2.69% | 4.6% | £999.00 | 3% / 2% |
2 year offset discount | 75% | 2.79% | 4.7% | £999.00 | 3% / 2% |
2 year offset discount | 80% | 3.19% | 4.7% | £999.00 | 3% / 2% |
*Min. £250,000, Max. £999,999. Other products available for loans over £1 million
Paul Shephard, director of business and private bank at Clydesdale and Yorkshire Banks, said:Â “Business customers are important to us, and we can help them with so much more than finance for their business.
“Offering these exclusive mortgage rates is another way in which we can support customers.  From business advice to networking opportunities to personal and private banking needs, like mortgages, we are here to listen and help.”