Clydesdale Bank amends 90% LTV lending criteria

Jake Carter

May 14, 2021

Clydesdale Bank has amended its 90% loan-to-value (LTV) lending criteria.

The lender has upped its maximum term from 30 years to 35 years and increased its larger loan size from £540,000 to £750,000 in London.

Clydesdale Bank will now also accept flats and maisonettes.

Within this range, it has also launched products available in London and South East.

Notable products include a 90% LTV 2-year fix at 3.42% and a 90% LTV 5-year fix at 3.66%, both include a £999 fee.

Meanwhile, the 75% LTV 2- and 5-year fixed rates with £999 fee have been reduced, now starting from 1.32%.

It has also simplified the Full C&I product range to offer a single product fee structure of £999 for loans up to £1m

Within its 85% LTV mortgage range, the lender has increased the maximum loan size from £750,000 to £1m.

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