Clydesdale Bank cuts rates and launches 90% LTV intermediary exclusive

Jake Carter

July 8, 2021

cut rates

Clydesdale Bank has made a number of mortgage rate reductions, as well as launching an intermediary exclusive 90% loan-to-value (LTV) product.

The 90% LTV 5-year fixed mortgage, at 3.19% with a £1,999 fee, comes with free valuation for purchase customers.

Notable reductions in rates include an 80% LTV 2-year fix cut from 2.28% to 2.23%, without a fee, and an 80% LTV 5-year fix cut from 2.11% to 2.05%, with a £999 fee.

An 85% LTV 2-year fix has been reduced from 2.41% to 2.18%, and an 85% LTV 5-year fix from 2.64% to 2.54% – both deals include a £999 fee.

As well as this, a 90% LTV 2-year fix has been cut from 3.52% to 3.42%, and a 90% LTV 5-year fix from 3.76% to 3.66%, both deals include a £999 fee and are for London and the South East.

Additionally, 2 and 5-year professional fixed rates have been reduced by up to 0.15%.

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