Clydesdale Bank launches £1m-plus fixed rate products

Jake Carter

June 17, 2021

Clydesdale Bank has launched a number of £1m-plus fixed rate products.

Notable products include a 65% loan-to-value (LTV) 2-year fix at 1.79% and a 65% LTV 5-year fix at 2.09%, both including a £1,999 fee.

Clydesdale has also reduced rates on its 80% LTV 2-year fix by 0.11% to 1.86%, and on its 85% LTV 2-year fix by 0.07% to 2.41%.

It has also cut its 85% LTV 5-year product by 0.08% to 2.64%.

All three products include a £999 fee.

The 85% LTV 2-year fee saver fix has been cut by 0.06% to 2.72%, and the 85% LTV 2-year professional fixed rate saver deal has been reduced by 0.05% to 2.60%.

The 85% LTV NQ professional fee saver fix has been cut by 0.05% to 2.80%, the 85% LTV 5-year fee saver fix by 0.04% to 2.83%, and the 85% LTV 5-year professional fee saver fix has been cut by 0.04% to 2.78%.

Additionally, the 85% LTV NQ professional 5-year fixed rate fee saver offering has been reduced by 0.04% to 2.98%.

The amendments take effect from today and apply to Clydesdale Bank mortgages only.

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