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We wanted to let you know that we’re making some changes to the following Clydesdale Bank products on Monday 8 September.
Core Residential
- NEW core products for loans between £1m-£2.5m 65-85% LTV* will be launched.
- NEW core products for loans > £2.5m 65-75% LTV will be launched.
*Note: maximum loan at 85% LTV will remain £1.5m
Product Transfer
- Core residential rates at 65-80% LTV available for all repayment types (both fee and fee offer) will be launched.
The end dates will move to December of the relevant year.
Early Repayment Charges
- Early Repayment Charges for 2 year products will be reduced to 2.5% in year 1 and 1.5% in year 2.
We’ll also be making these changes at 8pm today.
- Large Loan Exclusives £0.75m-£2.5m 65-80% LTV will be withdrawn.
- Core range >£1m 65-85% LTV will be withdrawn.
If you’re applying for one of these products on behalf of your customer, please send us the application by 8pm today.
You can find our current rates on our website. If you’ve got any questions, you can get in touch with your Business Development Manager.
The team at Clydesdale Bank
