Clydesdale Bank has launched a series of new mortgage products.
The lender has also announced changes to fees for new applications.
The product changes are as follows:
Exclusive remortgage deals:
- New 80% LTV 2 year fixed rates, available from 6.35%.
- New 80% LTV 5 year fixed rates, available from 5.82%.
These deals are available for loan sizes between £200,000 and £1,500,000.
New and existing customer products:
- New 95% LTV 5 year fixed rates are available for new customers. Existing product transfer rates at 95% LTV remain unchanged.
Meanwhile, the bank has made the following changes:
New and existing customer products:
- 65-80% LTV 2 year fixed rates have been increased by up to 0.28%.
- 65-80% LTV 5 year fixed rates have been increased by up to 0.30%.
Its Professional and Newly Qualified products have been available for loan sizes between £150,000 and £1,000,000.
In addition, Clydesdale Bank is reducing its fees for new applications submitted from Wednesday 26 July.
- The funds transfer fee has been reduced from £40 to £25.
- The mortgage exit fee has been reduced from £195 to £99.
For deals with no associated product fee including the Fee Offer fixed rate Residential, BTL and Professional range, the bank is also removing the funds transfer fee.
