Exciting news. We have reduced some of our rates and introduced a number of new products to the residential mortgage range.
The following rates have reduced, live now:
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:
*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).
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.
If you are not an intermediary of the Bank, you should not refer to the information contained in this website. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Conduct Authority's mortgage conduct of business rules. This site is intended for UK residents (who are intermediaries of the Bank) unless otherwise stated.
Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 30 St Vincent Place, Glasgow G1 2HL.