Clydesdale Bank cuts rates on consumer deals and product transfers

Clydesdale Bank has unveiled new, reduced fixed rates and discounted offset rates.

The New rates are as follows:

Customer products:

• New exclusive £1-£2m 65% LTV fixed rates with £1,999 fee launched from 4.71%.
• New interest-only discounted offset rates launched from 4.54%.
• 75% – 90% LTV fixed rates have been reduced by up to 0.26%, now from 4.64%.
• Buy-to-let 60% – 75% LTV fixed rates have been reduced by up to 0.22%, now from 5.21%.
• New buy-to-let 75% LTV fixed rate fee-savers launched from 5.70%.
• New buy-to-let 80% LTV fixed rates launched from 6.30%.
• Professional and Newly qualified professional 85% LTV fixed rates have been reduced by up to 0.43%, now from 4.95%.
• Exclusive £1-£2m 75% LTV 5 Year Fixed Rate with £1,999 fee has been reduced by 0.24%, now from 4.81%.
• £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.26%, now from 4.88%

Product Transfer:

• 65% – 95% LTV fixed rates with £499 fee have been reduced by up to 0.26%, now from 4.53%.
• 65% – 95% LTV fixed rate fee-savers have been reduced by up to 0.43%, now from 4.64%.
• Buy-to-let 60% – 75% LTV fixed rates have been reduced by 0.22%, now from 5.21%.
• Professional and Newly qualified professional 85% LTV fixed rates have been reduced by up to 0.43%, now from 4.95%.
• Exclusive £1-£2m 75% LTV 5 Year Fixed Rate with £999 fee has been reduced by 0.24%, now from 4.81%.
• £1m+ 65% – 85% LTV fixed rates have been reduced by up to 0.26%, now from 4.88%.