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:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
