Clydesdale Bank Product Changes

7th January 2019

We're increasing some of our rates and a number of products are to be withdrawn.

Rate Increases

Rates on the following residential products are increasing:

Product	Old rate	New rate
2 Year Fixed to 60% LTV - Fee Offer	1.84%	1.89%
2 Year Fixed to 75% LTV - Fee Offer	1.94%	1.99%
2 Year Fixed to 80% LTV - Fee Offer	1.99%	2.09%
2 Year Fixed to 85% LTV - Fee Offer	2.09%	2.19%
5 Year Fixed to 75% LTV - Fee Offer	2.34%	2.39%
5 Year Fixed to 80% LTV - Fee Offer	2.44%	2.49%
5 Year Fixed to 85% LTV - Fee Offer	2.54%	2.59%
Professional - 2 Year Fixed to 85% LTV	2.04%	2.09%
Professional - 2 Year Fixed to 90% LTV	2.19%	2.29%
Professional - 5 Year Fixed to 85% LTV	2.49%	2.59%
Professional - 5 Year Fixed to 90% LTV	2.59%	2.69%
Newly Qualified Professional - 2 Year Fixed to 85% LTV	2.14%	2.29%
Newly Qualified Professional - 2 Year Fixed to 90% LTV	2.29%	2.39%
Newly Qualified Professional - 3 Year Fixed to 85% LTV	2.39%	2.49%
Newly Qualified Professional - 5 Year Fixed to 85% LTV	2.69%	2.79%
Newly Qualified Professional - 5 Year Fixed to 90% LTV	2.79%	2.89%
2 Year Fixed to 75% LTV	1.69%	1.84%
2 Year Fixed to 80% LTV	1.74%	1.99%
2 Year Fixed to 85% LTV	1.84%	1.89%
5 Year Fixed to 75% LTV	2.14%	2.29%
5 Year Fixed to 80% LTV	2.19%	2.39%
5 Year Fixed to 85% LTV	2.29%	2.39%
5 Year Fixed to 90% LTV	2.39%	2.59%
£1m+ 2 Year Fixed to 75% LTV	1.69%	1.84%
£1m+ 2 Year Fixed to 80% LTV	1.74%	1.99%
£1m+ 5 Year Fixed to 75% LTV	2.14%	2.29%
£1m+ 5 Year Fixed to 80% LTV	2.19%	2.39%

The deadline for submitting fully packaged applications on the old rates is 5pm on Tuesday 8th January 2019.

Withdrawn rates

Product	Old rate	New rate
2 Year Fixed to 85% LTV - Remortgage Special	1.69%	Withdrawn
2 Year Fixed to 90% LTV - Remortgage Special	1.99%	Withdrawn
5 Year Fixed to 75% - C&I Special	2.09%	Withdrawn

The deadline for submitting fully packaged applications on the products being withdrawn is 5pm on Tuesday 8th January 2019.

Product Transfers

Remember, these changes also apply to 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.

Get in touch

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