Clydesdale Bank Product Changes

20th November 2018

Exciting news. We have introduced a new residential product to our range.

New Product

Live now, we have introduced a new 5 year fixed residential product, available for Capital & Interest applications:

• Arrangement fee £999 (loans £80k - £499,999) or £1,499 (loans £500k - £1m).
• Only available for mortgages on a full Capital & Interest basis.
• Available for purchase and remortgage. 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

This product is also available for any Product Transfer applications you would like to submit via our online form.

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.