We are pleased to announce that with immediate effect, we have made improvements to our large loan LTV limits.
For residential C&I loans between £750,000 and £1,500,000 we have increased the maximum LTV to 80%.
Where any part of the loan is interest only, the property must be located in London & South East^ to qualify for the overall LTV of 80%, with no more than 75% being on an interest only basis. Otherwise the maximum LTV is 75%.
^London & South East defined as: Greater London (postcodes starting E, EC, N, NW, SE, SW, W, WC, BR, CR, DA, EN, HA, IG, KT, RM, SM, TW, or UB), Berkshire, Buckinghamshire, East Sussex, Hampshire, Isle of Wight, Kent, Oxfordshire, Surrey, West Sussex.
For residential C&I loans up to £750,000 our maximum LTV remains at 90%.
For more information on our products or how we may be able to assist your clients, please contact your Relationship Manager.
Maximum LTV subject to individual product restrictions.
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Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 30 St Vincent Place, Glasgow G1 2HL.