Clydesdale has launched a series of new specials and rate reductions.
Clydesdale Bank has launched new residential remortgage specials, alongside a buy-to-let purchase special and further rate reductions.
Clydesdale’s residential remortgage special now includes:
- 2-year fixed to 90% LTV (>£500k) with a rate of 2.39%
- 5-year fixed to 90% LTV (>£500k) with a rate of 2.89%
- Buy-to-let2-year fixed to 75% LTV (fee offer) - purchase special with a rate of 2.69%
- Buy-to-let 5-year fixed to 60% LTV (fee offer) with a rate of 2.99%
The above specials are available for loans of £500-750,000 and have a £1499 arrangement fee.
The buy-to-let range also now includes a 2-year fix to 75% loan-to-value (LTV) purchase special with a rate of 2.69% and a 5-year fix to 60% LTV with a rate of 2.99%.
The buy-to-letpurchase special is available for loans between £80 and £500,000 has no arrangement fee and benefits from one free mortgage valuation.
Clydesdale is also reducing rates across its mortgage range by up to 0.70% and other reductions include:
- 2-year fixed to 90% LTV reducing from 2.19% to 2.09%
- 2-year fixed to 90% LTV (>£500k) reducing from 2.69% to 2.59%
- 2-year fixed to 90% LTV (fee offer) reducing from 2.69% to 2.59%
- 5-year fixed to 90% LTV (fee offer) reducing from 3.19% to 3.09%
- 5-year fixed to 90% LTV reducing from 2.89% to 2.79%
- 5-year fixed to 90% LTV (>£500k) reducing from 3.29% to 3.19%
The reductions across buy-to-let rates include:
- 5-year fixed to 75% LTV reducing from 3.69% to 3.09%
- 5-year fixed to 75% LTV (fee offer) reducing from 4.29% to 3.59%
- 5-year fixed to 60% LTV reducing from 3.29% to 2.89%
These changes, except the buy-to-let purchase special product also apply to any product transfer applications.
