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Now Live - Clydesdale Bank Rate Reductions & Other Important Product Changes

15th April 2015

On Wednesday April 15th we launched some extensive rate reductions, introduced a new tier and changing rates on our BTL products. All the changes are detailed below:

Residential rate reductions:

  • 2 year fixed < 60% with an initial rate of 1.89% and no arrangement fee
  • 2 year fixed < 60% ( > £1m) with an initial rate of 1.89%
  • 2 year fixed < 75% with an initial rate of 1.89%
  • 2 year fixed < 75% with an initial rate of 2.09% and no arrangement fee
  • 2 year fixed < 75% ( > £500K) with an initial rate of 1.89%
  • 2 year fixed < 75% ( > £1m) with an initial rate of 1.99%
  • 2 year fixed < 80% with an initial rate of 2.09%
  • 2 year fixed < 80% ( > £500K) with an initial rate of 2.09%
  • 5 year fixed < 60% with an initial rate of 2.69% and no arrangement fee
  • 5 year fixed < 60% ( > £1m) with an initial rate of 2.69%
  • 5 year fixed < 75% with an initial rate of 2.69%
  • 5 year fixed < 75% with an initial rate of 2.99% and no arrangement fee
  • 5 year fixed < 75% ( > £500K) with an initial rate of 2.69%
  • 5 year fixed < 75% ( > £1m) with an initial rate of 2.79%
  • Interest only - 2 year fixed < 60% ( > £1m) with an initial rate of 2.09%
  • Interest only - 2 year fixed < 75% with an initial rate of 2.09%
  • Interest only - 2 year fixed < 75% ( > £500K) with an initial rate of 2.09%
  • Interest only - 2 year fixed < 75% ( > £1m) with an initial rate of 2.19%
  • Interest only - 5 year fixed < 60% ( > £1m) with an initial rate of 2.89%
  • Interest only - 5 year fixed < 75% with an initial rate of 2.89%
  • Interest only - 5 year fixed < 75% ( > £500K) with an initial rate of 2.89%
  • Interest only - 5 year fixed < 75% ( > £1m) with an initial rate of 2.99%

New tiers:

  • 2 year fixed < 60% with an initial rate of 1.79%
  • 5 year fixed < 60% with an initial rate of 2.59%

Changes to BTL products:

  • 2 year fixed < 70% with a current rate of 3.29%
  • 2 year fixed < 75% with a current rate of 3.39%
  • 2 year fixed < 75% with a current rate of 3.89% and no arrangement fee

New product information is available on our website.

You may use the Bank's Online Application facility to submit cases to us.

For more information please contact your Relationship Partner.

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