Clydesdale and Yorkshire launch high-LTV products; up rates on others | Mortgage Strategy

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Clydesdale Bank and Yorkshire have launched new products at up to 85 per cent LTV while increasing rates on some of their existing high-LTV offerings.

The lender’s new mortgages consist of two residential deals and a buy-to-let deal.

The latter is available at 75 per cent LTV and as either a two- or five-year fix, starting at 2.79 per cent.

The two residential deals comprise an 80 per cent LTV two- or five-year fix, starting at 2.28 per cent and an 85 per cent LTV five-year fix at 3.09 per cent, for professional borrowers.

Meanwhile, other products have seen increases of 0.34 per cent.

The 85 per cent LTV newly qualified professional five-year fix will go from 2.95 per cent to 3.29 per cent, the 85 per cent LTV professional five-year, which is only available to existing customers, from 2.75 per cent to 3.09 per cent, and the 90 per cent LTV newly qualified professional five-year fix, with the same stipulation as above, moving from 3 per cent to 3.34 per cent.


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