Clydesdale Bank understand the time sensitive nature of new build applications and our standalone case management team allows them to take priority.
Our expertise in the market can help ensure that your clients will meet the criteria before submission. What’s more, to provide an indication of affordability for your residential C&I cases, we have an Agreement in Principle calculator.
A property will be defined as new build if it satisfies any of the following criteria:
A new build property must be covered by an NHBC Certificate or an equivalent form of guarantee cover. Acceptable policies for lending purposes can be viewed on here.
Our offers are valid for 180 days. Once expired the offer cannot be extended and a new application with supporting documentation must be submitted. Offers may include a retention of funds depending on the condition of the property at valuation - please be sure to check the mortgage offer for details.
Builder incentives are considered on a case-by-case basis. To find out more, speak to your Clydesdale Bank and Virgin Money BDM.
If you are not an intermediary of the Bank, you should not refer to the information contained in this website. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Conduct Authority's mortgage conduct of business rules. This site is intended for UK residents (who are intermediaries of the Bank) unless otherwise stated.
Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 30 St Vincent Place, Glasgow G1 2HL.