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For loans up to 75% of property value
| Product name | Buy to let fixed rate - Over £1m - 5 years Capital and Interest BO1348 |
| Initial rate | 2.89% |
| Initial rate expires on | 31st March 2026 |
| Rate thereafter | Offset variable Investment Housing Loan Rate, currently 4.95% |
| Overall cost for comparison | 4.2% APRC |
| Product fee | £2,999 |
| Option to add product fees to mortgage | Yes the product fee can be added to the loan, provided the total borrowing does not exceed the maximum LTV for the product type |
| Legal and Valuation Fees | Re-mortgages: Free valuation and free legal fees (if using bank's own solicitors |
| Eligibility | This product is exclusively available for properties in London and South East only. Applicants must be aged 18 or over. All loans are subject to status. Security will be required. |
| Maximum loan amount | £1,500,000 |
| Maximum loan to value | 75% |
| Minimum loan amount | £1,000,000 |
| Early repayment charge | 5% in years one and two 4% in year three 3% in year four 2% in year five |
| Special offers | Remortgage: One free valuation for properties up to £3m. Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) for properties up to £2m |
| Overpayment permitted | Yes, up to 10% of outstanding loan each year without penalty |
| Apply now |
# New customers: Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) and one free valuation on properties worth £3m, or less. If the property to be mortgaged is currently unencumbered then a free valuation is available.
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Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 30 St Vincent Place, Glasgow G1 2HL.
