2 Year Discounted Offset <=80% LTV (OVR minus 3.51%) < £500k - Capital Interest - BO1679

For loans up to 80% of property value

Product name	2 Year Discounted Offset <=80% LTV (OVR minus 3.51%) < £500k - Capital Interest - BO1679
Initial rate	6.19% (variable)
Initial rate expires on	31st July 2026
Rate thereafter	Standard Variable Rate, currently 9.70%
Overall cost for comparison	9.30% APRC
Product fee	£999
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	Re-mortgages: Free valuation and free legal fees (if using bank's own solicitors)
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	£499,999 - maximum LTV 80% (no more than 75% LTV to be Interest Only)
Maximum loan to value	80%
Minimum loan amount	£80,000
Early repayment charge	No ERC applies.
Special offers	Purchase or Unencumbered: None Remortgage: One free valuation for properties up to £3m and includes a £500 cash back offer. At mortgage drawdown, the £500 will be credited to the account from which your mortgage payments will be taken.
Overpayment permitted	Yes, without penalty
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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.

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

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