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.
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