Now Live - Clydesdale Bank Rate Reductions & Other Important Product Changes
Today we have made some extensive rate reductions and introduced some new tiers.
All the changes are detailed below:
Residential rate reductions:
- 2 year fixed < 75% with an initial rate of 2.09%
- 2 year fixed < 75% with an initial rate of 2.19% and no arrangement fee
- 2 year fixed < 80% with an initial rate of 2.19%
- 5 year fixed < 75% with an initial rate of 2.94%
- 5 year fixed < 80% with an initial rate of 2.99%
- Interest only - 2 year fixed < 75% with an initial rate of 2.29%
- Interest only - 5 year fixed < 75% with an initial rate of 3.14%
- 2 year fixed < 75% ( > £1m) with an initial rate of 2.19%
- 5 year fixed < 75% ( > £1m) with an initial rate of 3.04%
- Interest only - 2 year fixed < 75% ( > £1m) with an initial rate of 2.39%
- Interest only - 5 year fixed < 75% ( > £1m) with an initial rate of 3.24%
- 2 year Offset Discounted < 75% with an initial rate of 2.29%
- 2 year Offset Discounted < 80% with an initial rate of 2.39%
- 2 year Discounted SVR < 75% with an initial rate of 1.99%
- 2 year Discounted SVR < 80% with an initial rate of 2.09%
- Interest only - 2 year Offset Discounted < 75% with an initial rate of 2.49%
- Interest only - 2 year Discounted SVR < 75% with an initial rate of 2.19%
- 2 year Offset Discounted < 75% ( > £1m) with an initial rate of 2.39%
- 2 year Discounted SVR < 75% ( > £1m) with an initial rate of 2.09%
- Interest only - 2 year Offset Discounted < 75% ( > £1m) with an initial rate of 2.59%
- Interest only - 2 year Discounted SVR < 75% ( > £1m) with an initial rate of 2.29%
New tiers:
- 2 year fixed < 80% with an initial rate of 2.29% and no arrangement fee
- 2 year fixed < 85% with an initial rate of 2.69%
- 5 year fixed < 85% with an initial rate of 3.49%
FTB criteria change:
- Minimum loan value for first time buyer products has been reduced to £80,000.
New product information is available on our website.
For more information please contact your Relationship Partner.
