Mortgage

Clydesdale Bank cuts interest rates by up to 0.25% – Mortgage Strategy

Clydesdale Bank has been trimmed up to 0.25% in the core residential, exclusive, professional and LET (BTL) range.

The two-year and five-year majors and new qualifications rate will be reduced by up to 0.25%. The lender also increased the maximum loan size for professional products.

Additionally, its interest rate cuts by 0.20% of the LTV BTL rate for two years 75%.

Clydesdale Bank also offers new clients a two-year fee rate.

Two-year and five-year rates for selected residences are reduced by 0.20%, while two-year and five-year rates for selected residences are reduced by up to 0.16%.

The two-year purchase exclusive interest rate for a lender’s 95% home will be reduced by as much as 0.23%, while the two-year and five-year discounted exclusive rate for a lender’s 85% home will be reduced by as much as 0.19%.

The tax rate has also been reduced by 0.05% of residential properties by 65%, two-year annual customer product transfer exclusive transfer.

Earlier this month, Clydesdale Bank announced that it would make more than £500,000 in large loans to brokers directly into its underwriting team.

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