Clydesdale Bank is launching new products and reducing selected rates on Friday 31 May.
The changes are as follows:
Exclusive Customer buy-to-let:
- New 2 Year Fixed Rate with £1,999 fee at 5.60% for loans between £500k to £1m.
- New 5 Year Fixed Rate with £1,999 fee at 5.20% for loans between £500k to £1m.
- New 2 and 5 year fixed rates with £499 fee, starting from 5.09%.
Residential Purchase Exclusive:
- New 80% LTV 2 Year Fixed Rate with £1,499 fee at 5.06%.
- New 80% LTV 5 Year Fixed Rate with £1,499 fee at 4.78%.
Existing Customer Residential and buy-to-let:
- 65% and 75% LTV C&I Fee and Fee offer rates will be reduced by 0.10%.
- Selected 60% and 75% LTV buy-to-let Fee offer rates will be reduced by up to 0.30%.
- Selected buy-to-let rates with £1,999 fee will be reduced by up to 0.16%.
Clydesdale Bank is also be withdrawing the following rates at 8pm on Thursday 30 May:
Exclusive Purchase products:
- 75% LTV 2 Year Fixed Rate at 5.02%.
- 75% LTV 5 Year Fixed Rate at 4.74%.
