Clydesdale Bank reduces resi and BTL fixed rates | Mortgage Strategy

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Clydesdale Bank has made changes to its residential and buy-to-let (BTL) mortgage range, effective today (25 November).

For new customers, the residential 75% and 80% loan-to-value (LTV) fixed rate fee savers have been re-launched starting from 5.42%.

The 75% to 90% LTV fixed rates have been reduced by up to 0.48% to start at 4.99%. 

The lender has reduced selected BTL 60% to 75% LTV fixes by up to 0.41% to start at 5.39%. 

Reductions have also been made to professional and newly qualified professional fixed rates by up to 0.33% now from 5.40%.

The exclusive £1m to £2m 75% LTV fix with a £1,999 fee have been reduced by up to 0.44% now from 5.22% while the £1m plus 65% to 85% LTV fixed rates have gone down by up to 0.48%, now from 5.30%. 

Meanwhile, for product transfers the 65% to 95% LTV fixes with a £499 fee have decreased by up to 0.48%, now from 4.95%, while the 65% to 95% LTV fixed rate fee savers reduced by up to 0.40%, now from 5.16%. 

The BTL 60% to 80% LTV fixed rates now start from 5.39% after being reduced by up to 0.41%.

The professional and newly qualified professional fixed rates will start from 5.40% after going down by up to 0.33%.

The exclusive £1m to £2m 75% LTV fix with a £1,999 fee has been reduced by up to 0.44%, now from 5.22% while the £1m plus 65% to 85% LTV fixes will start at 5.30% after rates went down by up to 0.48%.


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