Skip to content

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

25th March 2015

Today we have made some extensive rate reductions and introduced some new tiers.

All the changes are detailed below:

Residential rate reductions:

  • 2 year fixed < 75% with an initial rate of 2.09%
  • 2 year fixed < 75% with an initial rate of 2.19% and no arrangement fee
  • 2 year fixed < 80% with an initial rate of 2.19%
  • 5 year fixed < 75% with an initial rate of 2.94%
  • 5 year fixed < 80% with an initial rate of 2.99%
  • Interest only - 2 year fixed < 75% with an initial rate of 2.29%
  • Interest only - 5 year fixed < 75% with an initial rate of 3.14%
  • 2 year fixed < 75% ( > £1m) with an initial rate of 2.19%
  • 5 year fixed < 75% ( > £1m) with an initial rate of 3.04%
  • Interest only - 2 year fixed < 75% ( > £1m) with an initial rate of 2.39%
  • Interest only - 5 year fixed < 75% ( > £1m) with an initial rate of 3.24%
  • 2 year Offset Discounted < 75% with an initial rate of 2.29%
  • 2 year Offset Discounted < 80% with an initial rate of 2.39%
  • 2 year Discounted SVR < 75% with an initial rate of 1.99%
  • 2 year Discounted SVR < 80% with an initial rate of 2.09%
  • Interest only - 2 year Offset Discounted < 75% with an initial rate of 2.49%
  • Interest only - 2 year Discounted SVR < 75% with an initial rate of 2.19%
  • 2 year Offset Discounted < 75% ( > £1m) with an initial rate of 2.39%
  • 2 year Discounted SVR < 75% ( > £1m) with an initial rate of 2.09%
  • Interest only - 2 year Offset Discounted < 75% ( > £1m) with an initial rate of 2.59%
  • Interest only - 2 year Discounted SVR < 75% ( > £1m) with an initial rate of 2.29%

New tiers:

  • 2 year fixed < 80% with an initial rate of 2.29% and no arrangement fee
  • 2 year fixed < 85% with an initial rate of 2.69%
  • 5 year fixed < 85% with an initial rate of 3.49%

FTB criteria change:

  • Minimum loan value for first time buyer products has been reduced to £80,000.

New product information is available on our website.

For more information please contact your Relationship Partner.

Get in touch

Get in touch

For all lending policy and new business enquiries:

Contact us

You are here:  News  >  Articles