Clydesdale offers 0.40% proc fee on new product transfer and further advance proposition
Brokers can now submit applications to Clydesdale Bank for porting, product transfers with additional borrowing, and further advances.
Lending is open for residential and buy-to-let applications and rates align with the Bank's 'existing customer' product range.
Brokers can apply by completing Clydesdale's Illustration Request Form and then submitting the application form and emailing it to Existing.Customer.Support@cybg.com with supporting documents.
For a product transfer with additional borrowing, Clydesdale will pay 0.20% on the existing loan amount and 0.40% on the additional amount borrowed.
For a further advance, it pays 0.40% of the new amount borrowed and for porting with or without additional borrowing, it is offering 0.40% of the total loan amount.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates
HSBC
HSBC launches new sub-4% mortgage rates
Inflation
Base rate cut 'now certain' as inflation falls to 2.6%
Tax
HMRC rule change set to impact millions of landlords and sole traders
HSBC
HSBC launches over two dozen sub-4% mortgage rates
April Mortgages
April Mortgages launches 7x loan-to-income lending
