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Clydesdale Bank announces important changes to its Fixed Rate Mortgage Products

With immediate effect we've withdrawn the following products:

23rd March 2011

  • 2 year fixed rate 75% maximum LTV with the initial rate of 3.59% (the overall cost for comparison is 4.5% APR)
  • 5 year fixed rate 65% maximum LTV with the initial rate of 4.49% (the overall cost for comparison is 4.7% APR)
  • 5 year fixed rate 75% maximum LTV with the initial rate of 4.99% (the overall cost for comparison is 4.9% APR)
  • 5 year fixed rate 80% maximum LTV with the initial rate of 5.49% (the overall cost for comparison is 5.1% APR).

To assist with any cases you may have in your pipeline, we will accept cases on these products until 5.00pm on Friday, 25 March 2011. Any applications received after this date will be returned to you.

From the 24th March the following products will be available:

  • 2 year fixed rate 65% maximum LTV with an initial rate of 3.49% (the overall cost for comparison is 4.5% APR)
  • 2 year fixed rate 75% maximum LTV with an initial rate of 3.79% (the overall cost for comparison is 4.6% APR)
  • 5 year fixed rate 65% maximum LTV with an initial rate of 4.79% (the overall cost for comparison is 4.8% APR)
  • 5 year fixed rate 75% maximum LTV with an initial rate of 5.19 % (the overall cost for comparison is 5.0% APR)
  • 5 year fixed rate 80% maximum LTV with an initial rate of 5.79% (the overall cost for comparison is 5.3% APR)

For further information about our products, please contact your local Relationship Partner or call us on 0800 678 3066 (open 9am to 5pm weekdays). Alternatively, please visit our website at www.clydesdalebankintermediaries.co.uk.

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