Clydesdale Bank announces important changes to its Fixed Rate mortgage products

We have made the following changes to our Fixed Rate mortgage products with immediate effect

24th February 2011

We’ve withdrawn the 2 year Fixed Rate maximum 80% LTV with the initial rate of 4.19% and the 5 year Fixed Rate maximum 75% LTV with the initial rate of 4.79%. To assist with any cases you may have in your pipeline, we will accept cases on these products until 5.00pm on Friday, 25 February 2011. Any applications received after this date will be returned to you.

We've introduced:

• 2 year Fixed Rate maximum 65% LTV with an initial rate of 3.19% (the overall cost for comparison is 4.5% APR)
• 2 year Fixed Rate maximum 80% LTV with an initial rate of 4.39% (the overall cost for comparison is 4.7% APR)
• 5 year Fixed Rate maximum 65% LTV with an initial rate of 4.49% (the overall cost for comparison is 4.7% APR)
• 5 year Fixed Rate maximum 75% LTV with an initial rate of 4.99% (the overall cost for comparison is 4.9% APR)

For further information about any of our products, please contact your local Relationship Partner or call us on 0845 609 0490 (open 9am to 5pm weekdays).

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