New Clydesdale Bank 90% LTV Exclusive

21st October 2021

Great news! We’ve made improvements to Clydesdale Bank mortgages, with:

• Mortgages now available up to 95% LTV
• New 80% LTV interest-only buy-to-let products
• An improved maximum-term policy

New Clydesdale Bank 95% LTV range

Our 95% LTV product range is available on residential purchase and remortgage applications, for loans up to £570k, up to a maximum term of 35 years.

Just so you know, flats must be in buildings with four storeys or fewer and must not be ex-local authority or ex-MoD. We’re unable to accept applications for capital raising during a remortgage or for new-build properties.

Our new 95% LTV range also includes Newly Qualified Professional (NQP) products, which benefit from enhanced income multiples of up to 5.5x, subject to affordability assessment and eligibility.*

• 95% LTV 2 Year Fixed Rate with £999 fee at 2.67%
• 95% LTV 2 Year Fixed Rate Fee-Offer at 2.95%
• 95% LTV 5 Year Fixed Rate with £999 fee at 3.08%
• 95% LTV 5 Year Fixed Rate Fee-Offer at 3.16%
• NQP 95% LTV 2 Year Fixed Rate Fee-Offer at 3.22%
• NQP 95% LTV 5 Year Fixed Rate Fee-Offer at 3.49%

All our Fee-Offer products come with one free valuation on properties up to £3m for purchase customers.

New Clydesdale Bank BTL 80% LTV range

We’ve re-launched BTL 80% LTV deals for new purchase and remortgage customers on all repayment types. Our 80% LTV range is available to £750k, but loans over £500k must be taken on a full Capital & Interest repayment basis.

• BTL 80% LTV 2 Year Fixed Rate with £1,999 fee at 3.25%
• BTL 80% LTV 5 Year Fixed Rate with £1,999 fee at 3.28%

Improved maximum term

To give customers more choice and greater access to our mortgages, we’ve also improved our maximum-term policy:

• The maximum term for residential Capital & Interest mortgages up to 85% LTV is 40 years.
• The maximum term for residential Capital & Interest mortgages over 85% LTV, all residential interest-only mortgages, and all buy-to-let mortgages is 35 years.

You can find full details of our lending policy on our website. If you’ve got any questions, you can get in touch with your Business Development Manager.