Avaiable through branches and the banks direct channels the 3-year fixed rate deals come with no arrangement fee, free standard valuation and £250 cashback on completion.
Andrew Pearce, retail director for Clydesdale Bank, said: "We are long-time supporters of first time buyers with lower deposits having kept 95% loans available when others withdrew theirs. We have focused on proper underwriting, good affordability measures and consideration of individual circumstances.
"Our new 95% first time buyer mortgage is simple; one loan, one rate, no arrangement fee. Plus there's the added benefit of a free valuation and £250 cashback. This underlines our on-going commitment to playing our part in a healthy, sustainable housing market."
