Clydesdale Bank adds new professional products; cuts resi rates | Mortgage Strategy

Img

Clydesdale Bank has added two new products to its professional mortgage line up and cut rates elsewhere.

The new products are both available at up to 90 per cent LTV and consist of a two-year fix at 3.44 per cent and a five-year fix at 3.64 per cent.

They sit alongside the existing 85 per cent LTV newly qualified professional two-year fix, which has had its rate cut from 3.09 per cent to 3.05 per cent.

The above mortgages are available to borrowers who are fully qualified or employed in practices such as accountancy, dentistry, financial advice, medicine and others.

The most significant residential product cuts comprise 10 basis points and include the 85 per cent LTV two-year fix now coming to 2.89 per cent and the 75 per cent LTV five-year fix having a rate of 1.79 per cent.


More From Life Style