Clydesdale Bank is reducing selected rates and launching new customer products.
The new products will be available from Friday 29 September.
The details are as follows:
New customer Exclusives:
- New Professional Purchase only 85% LTV 2 Year Fixed Rate will be launched at 6.10%.
- New Professional Purchase only 85% LTV 5 Year Fixed Rate will be launched at 5.29%.
These deals are available for loan sizes between £150,000 and £1m.
Large loan deals:
- 65% LTV 2 Year Fixed rate will be reduced by 0.35%, to 5.53%.
- 65% LTV 5 Year Fixed Rate will be reduced by 0.20% to 5.19%.
- 75% LTV 2 and 5 year fixed rates will be reduced by up to 0.05%.
These deals are available for loan sizes between £1m and £2m.
New and existing customer products:
- Professional 2 year fixed rates will be reduced by up to 0.10%, starting from 6.09%.
- Selected Professional 5 year fixed rates will be reduced by 0.05%, starting from 5.35%.
- Newly Qualified Professional 2 year fixed rates will be reduced by up to 0.25%, starting from 6.14%.
- Newly Qualified Professional 5 year fixed rates will be reduced by up to 0.25%, starting from 5.55%.
- Selected 2 year fixed rates will be reduced by up to 0.25%.
- Selected 5 year fixed rates will be reduced by up to 0.25%.