Clydesdale Bank: Rate Changes

Clydesdale Bank Rate Changes

LIVE NOW: as advised on Monday, we’ve made a number of product rate changes which are live today.

Lending policy and new business enquiries: 0800 085 2846

General enquiries: 0800 678 3066

Lines open Monday – Friday 9am to 5:30pm

Rate Reductions

Product

Old Rate

New Rate

2 Year Fixed to 90% LTV (Fee Offer & Max £500K)

2.59%

2.49%

5 Year Fixed to 85% LTV (Fee Offer & Max £500K)

2.59%

2.39%

5 Year Fixed to 90% LTV (Fee Offer & Max £500K)

3.09%

2.89%

Professional – 5 Year Fixed to 85% LTV – Fee Offer (Max £750K)

2.59%

2.34%

Professional – 5 Year Fixed to 90% LTV – Fee Offer (Max £750K)

2.99%

2.89%

5 Year Fixed to 90% LTV

2.79%

2.69%

5 Year Fixed to 90% LTV (£500K+)

3.19%

2.79%

FTB 3 Year Fixed to 90% LTV

2.89%

2.69%

BTL: 2 Year Fixed to 60% LTV (Fee Offer & Max £500K)

2.79%

2.59%

BTL: 5 Year Fixed to 75% LTV (Fee Offer & Max £500K)

3.59%

3.49%

BTL: 2 Year Fixed to 60% LTV

2.59%

2.39%

BTL: 2 Year Fixed to 75% LTV

2.79%

2.69%

BTL: 2 Year Fixed to 75% LTV – Purchase Special

2.59%

2.49%

Rate Increases

Product

Old Rate

New Rate

2 Year Fixed to 60% LTV (Fee Offer)

1.54%

1.69%

2 Year Fixed to 75% LTV (Fee Offer)

1.59%

1.79%

2 Year Fixed to 80% LTV (Fee Offer)

1.69%

1.89%

5 Year Fixed to 60% LTV (Fee Offer)

2.04%

2.09%

Professional – 2 Year Fixed to 85% LTV (Fee Offer & Max £750K)

1.89%

1.94%

2 Year Fixed to 60% LTV

1.24%

1.39%

2 Year Fixed to 75% LTV

1.34%

1.49%

2 Year Fixed to 80% LTV

1.39%

1.59%

2 Year Fixed to 90% LTV

2.09%

2.19%

5 Year Fixed to 60% LTV

1.89%

2.04%

5 Year Fixed to 75% LTV

2.04%

2.19%

5 Year Fixed to 80% LTV

2.19%

2.29%

FTB 2 Year Fixed to 95% LTV

3.89%

3.99%

FTB 3 Year Fixed to 95% LTV

3.99%

4.09%

Interest Only: 2 Year Fixed to 75% LTV

1.34%

1.49%

Interest Only: 2 Year Fixed to 80% LTV

1.39%

1.59%

Interest Only: 5 Year Fixed to 75% LTV

2.04%

2.19%

Interest Only: 5 Year Fixed to 80% LTV

2.19%

2.29%

How to Apply

We all want your cases to go through with minimum fuss and maximum speed. To give your cases the best chance of getting through first time, before applying online check out our packaging requirements

Product Transfers

– These changes also apply to any Product Transfer applications you would like to submit via our online form.
– Existing customers benefit from a 50% reduction to arrangement fees. You can apply up to 6 months before your customer’s current deal ends.
– You can choose for your customer’s Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.

*Free valuations are available on properties worth £2m or less. Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered then a standard valuation is available. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package.

Apply online

Complete and submit mortgage applications quickly and easily

Products

Our range of mortgage products with latest rates

Lending criteria

General lending criteria for Residential & BTL mortgages

Like the friendly can do approach, keep it up!

Michael McGuiness, Adviser

What a breath of fresh air! Fantastic positive attitude!

Andrew Smith, Adviser

You are a wake up call to this market and a revelation compared to my previous network.

David Levy, Adviser

Full support from the start and was up and running in no time.

Gary Dobson, Adviser

I feel I am well on the way to regaining my CAS status and establishing a viable business for myself.

Matthew Robinson, Adviser

Only been 3 months but so far so good and the best decision I have ever made.

Martyn Smith, Adviser

Clydesdale Bank: Rate Changes