Skip to content

We use cookies to keep our websites easy to use and relevant to our users’ requirements and to enable us to learn which advertisements bring users to our website. Select Accept below if you wish to proceed or How to change your cookies for instructions on how to manage your cookie settings. Find out more about our Cookie Policy.


Clydesdale Bank Rate Reductions and New Products

9th January 2019

Exciting news. We have reduced some of our rates and introduced a number of new products to the residential mortgage range.

Rate Reductions

The following rates have reduced, live now:

Product
Old rate
New rate
2 Year Fixed to 95% LTV - FTB
3.09%
2.99%
5 Year Fixed to 95% LTV - FTB
3.59%
3.49%
2 Year Fixed to 95% LTV - Newly Qualified Professional
3.29%
3.19%
5 Year Fixed to 95% LTV - Newly Qualified Professional
3.79%
3.69%
BTL: 5 Year Fixed to 60% LTV - Fee Offer
2.79%
2.69%
BTL: 5 Year Fixed to 75% LTV - Fee Offer
2.89%
2.79%
BTL: 2 Year Fixed to 60% LTV
2.39%
2.29%
BTL: 2 Year Fixed to 75% LTV
2.59%
2.49%
BTL: 3 Year Fixed to 60%
2.49%
2.39%
BTL: 3 Year Fixed to 75% LTV
2.69%
2.49%
BTL: 5 Year Fixed to 60% LTV
2.59%
2.49%
BTL: 5 Year Fixed to 75% LTV
2.69%
2.59%

New Products

Live now, we have introduced several new Full C&I residential fixed rate products. These products may only be used where the whole of the mortgage is on a Capital & Interest repayment basis:

Product
Rate
Arrangement fee
2 Year Fixed to 75% LTV (Full C&I)
1.74%
£999 / £1499
2 Year Fixed to 80% LTV (Full C&I)
1.84%
£999 / £1499
2 Year Fixed to 75% LTV - £1m+ (Full C&I)
1.74%
£1,999
2 Year Fixed to 80% LTV - £1m+ (Full C&I)
1.84%
£1,999
5 Year Fixed to 75% LTV (Full C&I)
2.19%
£999 / £1499
5 Year Fixed to 80% LTV (Full C&I)
2.29%
£999 / £1499
5 Year Fixed to 75% LTV - £1m+ (Full C&I)
2.19%
£1,999
5 Year Fixed to 80% LTV - £1m+ (Full C&I)
2.29%
£1,999

  • Minimum loan size £80k for standard products and £1m for £1m+ products.
  • Maximum loan size £1m for standard products, £2m (80% LTV) and £5m (75% LTV) for the £1m+ products.
  • Arrangements fee £999 for standard products up to £500k / £1499 for standard products over £500k, and £1999 for £1m+ products.
  • These products may only be used where the whole of the mortgage is on a Capital & Interest repayment basis
  • Remortgage applications benefit from free standard legal fees and one free valuation*.

*Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered, then a free standard valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package. When using products available for mortgages over £1m which benefit from the switching package incentive, the switching package is enhanced to allow one free valuation for properties worth £3m or less (standard free legals remain limited to properties worth £2m or less).


Product Transfers

Where applicable, these changes also apply to any Product Transfer applications you would like to submit via our online form.

Existing customers benefit from a 50% reduction to arrangement fees and you can apply up to 6 months before your customer's current deal ends. You can choose for your customer's Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.

If you have any questions, please contact your Relationship Manager.


Get in touch

Get in touch

For all lending policy and new business enquiries:

Contact us

You are here:  News  >  Articles