Clydesdale Bank lending criteria improvements and rate changes

14th May 2021

Great news, we’ve made improvements to Clydesdale Bank’s 85% LTV and 90% LTV lending criteria to help more customers and made selected rate changes.

Clydesdale Bank’s 90% LTV lending criteria changes

• Maximum term has increased from 30 to 35 years
• We accept flats and maisonettes
• Larger loan sizes of £540k–£750k are now available for properties in London and South East England,* across a range of Professional and non-Professional products

Flats and maisonettes must be in buildings with four storeys or fewer and must not be ex-local authority or ex-MoD.

Clydesdale Bank’s 85% LTV lending criteria changes

• Maximum loan size has increased from £750k to £1m.

New Clydesdale Bank 90% LTV rates and wider reductions

We’ve launched new 90% LTV rates available in London and South East* for loans between £540,000 and £750,000:

• NEW 90% LTV 2 Year Fixed Rate at 3.42% with £999 fee
• NEW 90% LTV 5 Year Fixed Rate at 3.66% with £999 fee

We have also made the following reductions:

• 75% LTV 2 and 5 year fixed rates with £999 fee have been reduced, now starting from 1.32%
• 75% LTV 5 Year Fixed Rate Fee Offer is reduced to 1.72%
• We have simplified the Full C&I product range to offer a single product fee structure of £999 for loans up to £1m*

*London and South East defined as: Greater London (post codes 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 and West Sussex.