Clydesdale Bank announces changes to its Buy to Let intermediary mortgage products

Updates to our product range

6th January 2011

I am pleased to announce important changes to our Buy to Let intermediary mortgage products. With effect from today:

• We've reduced the rate on our 2 year fixed rate Buy to Let to 4.49% (the overall cost for comparison is 5.1% APR)
• A new 5 year fixed rate Buy to Let is launched with an initial rate of 5.49% (the overall cost for comparison is 5.4% APR)
• Both products are available with a very competitive fixed arrangement fee of £1,999

Any applications on the previous products must be received by Wednesday, 12 January 2011

The launch of these highly competitive products demonstrates our commitment to the mortgage intermediary market and gives you another reason to recommend Clydesdale Bank's intermediary mortgage products to your clients.

For further information about the changes to our products, please contact your local Relationship Partner or call us on 0800 678 3066 (open 9am to 5pm weekdays).

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