Clydesdale Bank launches new products and reduced rates

By: ameer@trustedteam.com

Clydesdale Bank has introduced various changes across its residential range including reduced fixed rates and new remortgage deals.

Changes to new customer products include:

  • 75-90% loan-to-value fixed rates reduced by up to 0.24%.
  • 85-90% LTV professional and newly qualified professional fixed rates cut by up to 0.14%
  • 65-75% LTV exclusive £1-2m fixed rates reduced by up to 0.21%
  • 65-85% LTV £1m+ fixed rates reduced by up to 0.24%

New deals have been launched for those looking to remortgage, including a 75% LTV two-year fix at 4.39% with a £1,499 product fee, and a five-year fixed rate option at 3.98%.

The 80% LTV remortgage deal has been reduced by up to 0.19%. These products come with £1,000 cashback and free valuation.

Rates have also been reduced on various product transfers by up to 0.24%, depending on the LTV and type of product.

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