Clydesdale Bank announces rate rises and condensed mortgage range
Clydesdale Bank has announced a series of changes to its mortgage products.
The Bank has replaced its 75%-90% LTV full C&I range with two mortgage options: Two-year fixed rates at 1.89% with a £999 fee or 1.98% fee-free, available up to 90% LTV.
Additionally, it is replacing its previous two-year fixed rates with £999 and £1,499 fees with a single two-year fixed rate product at 1.95% available up to 80% LTV. This rate is available across all repayment types.
Elsewhere, Clydesdale has announced a series of rate increases of up to 0.20%.
The largest rises are across selected 85% and 90% LTV two-year fixed rates.
Selected 75% LTV and 80% LTV five-year fixes have risen by up to 0.13% and 65% LTV £1m+ rates have increased by 0.05%.
In Clydesdale's buy-to-let range, a 60% LTV two-year fixed rate with a £999 fee will be increased to 1.79%.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Budget
Budget: Government introduces mansion tax on high-value homes
Budget
Budget: Government introduces £2,000 salary sacrifice cap
Lifetime Isa
Budget: Lifetime ISA to be scrapped in favour of new first-time buyer ISA
Budget
Budget: Property income tax to rise by 2%
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
