We wanted to let you know that we reduced the following Clydesdale Product Transfer rates on Thursday 2 July.
Core Residential Product Transfer Rates
- Selected 2 and 5 year fixed rate products for loans less than £1m have been reduced by up to 0.29%.
- Selected 2 and 5 year fixed rate products for loans greater than £1m have been reduced by up to 0.63%.
Core Buy-To-Let Product Transfer Rates
- All 2 year fixed rate products have been reduced by 0.60%.
Withdrawal from new lending
We wrote to you earlier this month to let you know that Clydesdale will no longer offer new mortgage loans.
Clydesdale new business fixed rates were withdrawn earlier this year. Those deals will not be re-introduced, and the remaining Clydesdale variable rate products have been withdrawn.
These improvements to our Product Transfer rates underline our ongoing commitment to support existing customers. We will continue to offer Product Transfer deals through all the channels we do today, including through you, our intermediary partners.
You can find our current rates on our website. If you’ve got any questions, you can get in touch with your Business Development Manager