Clydesdale Bank launches 0.99% product

9th April 2018

Our lowest ever rate!

Live now, we’re delighted to announce the launch of our lowest ever rate: 0.99%

Our new product is a 2 year Discounted rate of 0.99% up to 60% LTV with an arrangement fee of £1,449.

1. 2 year discounted SVR (SVR minus 3.96%) with an initial rate of 0.99%
2. Available for loan sizes between £80,000 - £400,000
3. Only available for mortgages on a full Capital & Interest basis
4. Available for purchase and remortgage
5. Remortgage applications benefit from free standard legal fees and one free valuation*.

*Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered then a free standard valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package.

Product Transfers

Existing customers benefit from a 50% reduction to arrangement fees and you can apply up to 6 months before your customer's current deal ends. You can choose for your customer's Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.

If you have any questions, please contact your Relationship Manager.