Banks launch mortgages for business customers
The new range of residential mortgages offers fixed rate loans of up to 90% loan-to-value over 2 and 5 years, and offset loans of up to 80% LTV over 2 years.
The rates start at 2.29% for a 2-year fix at 70% LTV, ranging up to 4.49% fixed for 5 years at 90% LTV. The new range is available from Monday 1st July.
The products will be available to existing and new business or private customers of both Clydesdale Bank and Yorkshire Banks and are one of a number of benefits delivered through their private banking service.
Paul Shephard, director, business & private bank at Clydesdale and Yorkshire Banks, said: “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.”