For loans up to 95% of property value
| Product name | Newly qualified professional residential fixed rate - 2 years Capital and Interest CI1457 |
| Initial rate | 6.46% |
| Initial rate expires on | 31st July 2026 |
| Rate thereafter | Standard Variable Rate, currently 9.49% |
| Overall cost for comparison | 9.20% APRC |
| Product fee | £0 |
| Option to add product fees to mortgage | The product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV. |
| Legal and Valuation Fees | Purchases: Free Valuation for new customers Re-mortgages: Free valuation and free legal fees(if using banks own solicitors) |
| Eligibility | Not available for New Build. Applicants must be aged 18 or over. All loans are subject to status. Security will be required. Not available for business purposes. This product is only available where one or more of the applicants has become fully qualified within the last 5 years and is employed in one of the following professions: Accountants, Architects, Barristers, Chartered Surveyors, Dentists, Medical Doctors, Pharmacists, Solicitors, Vets, with a current income of £30k or more. |
| Maximum loan amount | £600,000 |
| Maximum loan to value | 95% |
| Minimum loan amount | £150,000 |
| Early repayment charge | 3% in year one 2% in year two |
| Special offers | Purchase or Unencumbered: One free valuation for properties up to £3m 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. After the fixed period you can make over payments without any restrictions. |
| Apply now |
Our online application makes it quick and easy to apply for your customer
Apply onlineTo discuss product and policy queries, or for advice on making an application, speak to your Clydesdale Bank and Virgin Money BDM.
Find your BDMsFor quick info on our products or lending policy, visit our product and lending criteria pages or use our live chat.
Chat nowTo discuss applications already submitted, please call 0800 917 8363.**Monday - Friday, 9.00am - 5.30pm, except Wednesdays, 9.30am - 5.30pm
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Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 177 Bothwell Street, Glasgow G2 7ER.
