New buy to let offset variable rate mortgage

We are delighted to announce the launch of our new buy to let offset variable rate mortgage today.

2nd November 2012

Product summary

• Offset Variable Investment Housing Loan with a variable rate of 5.35% (the overall cost for comparison 5.6% APR)
• The fixed arrangement fee for this product is £1,999
• No Early Repayment Charges apply
• Maximum LTV is 70% for Interest Only and 80% for Capital & Interest

How Clydesdale Banks’ offset mortgages work

Our Offset mortgages allow your customer to offset money they have in a Clydesdale Bank savings or current account against the interest they pay on their mortgage. This means their income will work harder for them by providing the opportunity for early repayment of the mortgage - saving your customer money on interest payments. Visit our literature page to find out more.

Find out more

To find out more about our new buy to let offset variable rate mortgage, please visit the product page or speak to your Relationship Partner.

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