Clydesdale Bank reduces rates on its' mortgage products

We are delighted to announce new and reduced products to our Fixed, Offset Discount and Buy to Let ranges with effect from Monday 19th November 2012.

16th November 2012

New Product Launch

We are delighted to announce new and reduced products to our Fixed, Offset Discount and Buy to Let ranges with effect from Monday 19th November 2012. These are:

• 2 year Fixed Rate maximum 60% LTV with an initial rate of 2.49% (the overall cost for comparison is 4.6% APR)
• 5 year Fixed Rate maximum 60% LTV with an initial rate of 3.29% (the overall cost for comparison is 4.4% APR)
• 5 year Fixed Rate maximum 70% LTV with an initial rate of 3.49% (the overall cost for comparison is 4.5% APR)
• 2 year Offset Discount maximum 60% LTV with an initial rate of 3.09% (the overall cost for comparison is 4.7% APR)
• 2 year Offset Discount maximum 65% LTV with an initial rate of 3.19% (the overall cost for comparison is 4.7% APR)
• Buy to Let 2 year Fixed Rate maximum 70% LTV with an initial rate of 3.79% (the overall cost for comparison is 5.2% APR)
• Buy to Let 5 year Fixed Rate maximum 70% LTV with an initial rate of 4.69% (the overall cost for comparison is 5.3% APR)

Products withdrawn with effect from 5pm, Friday 16th November 2012:

• 2 year Fixed Rate maximum 60% LTV with an initial rate of 2.69%
• 5 year Fixed Rate maximum 60% LTV with an initial rate of 3.39%
• 5 year Fixed Rate maximum 70% LTV with an initial rate of 3.59%
• 2 year Offset Discount maximum 65% LTV with an initial rate of 3.29%
• Buy to Let 2 year Fixed Rate maximum 70% LTV with an initial rate of 3.99%
• Buy to Let 5 year Fixed Rate maximum 70% LTV with an initial rate of 4.89%

All other products are unchanged.

To help you manage any applications in progress, we will accept applications for the withdrawn products until 5pm on Friday 16th November 2012.

For further information about our products, please visit our Products pages, or contact your Relationship Partner.

Back to previous page