Clydesdale ups LTVs - Mortgage Strategy

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Clydesdale Bank has increased the maximum LTVs for its residential and buy-to-let purchase and remortgage products.

For residential borrowers the lender is now offering a 75 per cent LTV two-year fix for remortgages with zero product fee at 1.57 per cent and a 65 per cent LTV two-year fix purchase product at 1.44 per cent. This comes with a £999 fee.

BTL clients will be able to take a 60 per cent LTV two-year fix for purchase or remortgage at 1.59 per cent. This too comes with a £999 fee.

In a note to brokers, the lender says that it is unable to accept new build applications.


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