Residential fixed rate - 5 years Capital and Interest - £500,000 and Over BO1391

For loans up to 75% of property value

Product name	Residential fixed rate - 5 years Capital and Interest - £500,000 and Over BO1391
Initial rate	4.49%
Initial rate expires on	31st January 2030
Rate thereafter	Standard Variable Rate, currently 8.24%
Overall cost for comparison	6.80% APRC
Product fee	£1,499
Option to add product fees to mortgage	The product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV.
Legal and Valuation Fees	Purchase - Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) for properties up to £2m.
Eligibility	Applicants must be aged 18 or over. All loans are subject to status. Security will be required. This product is only available for remortgages
Maximum loan amount	The maximum loan size is £1,000,000
Maximum loan to value	75%
Minimum loan amount	£500,000
Early repayment charge	5% in years one and two 4% in year three 3% in year four 2% in year five
Special offers	Purchase: None Remortgage: One free valuation for properties up to £3m.
Overpayment permitted	Yes, up to 10% of outstanding loan each year without penalty. After the fixed period you can make over payments without any restrictions.
	Apply now

Our online application makes it quick and easy to apply for your customer

To discuss product and policy queries, or for advice on making an application, speak to your Clydesdale Bank and Virgin Money BDM.

Can't find what you need on our product and lending criteria pages? Try live chat

To see how we manage your data, read our privacy notice

To discuss applications already submitted, please call 0800 917 8363.*

*Monday - Friday, 9.00am - 5.00pm, except Wednesdays, 9.30am - 5.00pm

For all lending policy and new business enquiries: