"We have made a number of reductions across the Clydesdale Bank mortgage range with five-year fixed rates now starting at 3.98%."
Clydesdale Bank has announced a series of rate cuts across its residential mortgage range.
As part of the changes, the Bank has introduced an exclusive five-year fixed rate remortgage deal at 3.98%, available up to 75% LTV with a £1,499 fee and £1,000 cashback. A two-year fixed rate equivalent has launched at 4.29% and existing rates at 80% LTV have reduced by up to 0.19%.
Across its new customer and product transfer ranges, rates between 75-90% LTV have been cut by up to 0.24%.
Professional and newly qualified professional fixed rates at 85-90% LTV have reduced by up to 0.14%.
65-75% LTV exclusive £1-2m fixed rates have been reduced by up to 0.21% and 65-85% LTV £1m+ fixed rates have fallen by up to 0.24%.
Richard Walker, head of intermediary sales, said: “We have made a number of reductions across the Clydesdale Bank mortgage range with five-year fixed rates now starting at 3.98%. We have also launched two £1,000 cashback exclusive products at 75% LTV for remortgage customers which allows them to use their own solicitors.”
