Repriced deals replace withdrawn products
Clydesdale Bank has increased the rates of all its existing residential and buy-to-let fixes by 40 basis points
It also launched new products, including two exclusives – 65% to 75% loan-to-value (LTV) £1 million to £2 million fixed rates, starting from 5.30%, and 75% to 80% LTV remortgage fixed rates, with a £500 cashback, starting from 5.28%.
The bank also introduced 85% to 90% LTV full capital and interest fixed rates, starting from 5.50%, and 65% to 80% LTV interest-only fixed rates, starting from 5.45%.
New 65% to 85% LTV £1 million-plus fixed rates, starting from 5.50%, new professional 85% to 95% LTV fixed rates, starting from 5.50%, and new buy-to-let 60% to 80% LTV fixed rates, starting from 5.57%, were also launched.
The full details of all mortgage products offered by Clydesdale, reflecting the latest product changes, can be found on its website.
Clydesdale Bank is one of the mortgage lenders that have withdrawn products since the end of May due to increased swap rates. Some of these lenders, like Clydesdale, have already returned to the market with repriced offers.
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