Clydesdale Bank reduces selected fixed rates across residential range

1st September 2016

Today, Thursday September 1, we have reduced selected fixed rates across our residential range and made some changes to our discounted rate products.

Our Standard Variable Rate and Offset Variable Rate have reduced to 4.70% and our Offset Variable Investment Housing Loan Rate has reduced to 5.10% - all representing a 0.25% reduction.

Residential 2 year fixed rate products

• 60% LTV with a reduced rate of 1.49%
• 75% LTV with a reduced rate of 1.59%
• 80% LTV with a reduced rate of 1.69%
• 85% LTV with a reduced rate of 1.89%
• 60% LTV fee offer with a reduced rate of 1.79%
• 75% LTV interest only with a reduced rate of 1.89%
• 80% LTV interest only with a reduced rate of 1.99%
• 95% LTV first time buyer with a reduced rate of 3.69%

Large loan (£1m+)

• 75% LTV with a reduced rate of 1.89%
• 80% LTV with a reduced rate of 1.99%
• 75% LTV interest only with a reduced rate of 2.09%
• 80% LTV interest only with a reduced rate of 2.19%

Residential 3 year fixed rate products

• 90% LTV first time buyer with a reduced rate of 3.09%
• 95% LTV first time buyer with a reduced rate of 4.09%

Residential 5 year fixed rate products

• 60% LTV with a reduced rate of 2.09%
• 75% LTV with a reduced rate of 2.29%
• 80% LTV with a reduced rate of 2.39%
• 85% LTV with a reduced rate of 2.59%
• 90% LTV with a reduced rate of 3.09%
• 90% LTV (over £500k) with a reduced rate of 3.49%
• 60% LTV fee offer with a reduced rate of 2.29%
• 75% LTV fee offer with a reduced rate of 2.49%
• 80% LTV fee offer with a reduced rate of 2.59%
• 85% LTV fee offer (max £500k) with a reduced rate of 2.79%
• 90% LTV fee offer (max £500k) with a reduced rate of 3.29%
• 75% LTV interest only with a reduced rate of 2.49%
• 80% LTV interest only with a reduced rate of 2.59%

Large loan (£1m+)

• 75% LTV with a reduced rate of 2.39%
• 80% LTV with a reduced rate of 2.49%
• 75% LTV interest only with a reduced rate of 2.59%
• 0% LTV interest only with a reduced rate of 2.69%

Buy to let rate reduction

• 5% LTV offset variable with a reduced rate of 5.10%

You may use the bank's online application facility to submit cases.

For more information on our products or how we may be able to assist your clients, please contact your relationship partner.