Clydesdale Bank reduced the scope of residential loans of fixed interest rates up to 28 basis points.
This move was a reduction in the basic tax rate of the Bank of England, the decision to decide the two days before Harry Fax, Barclays, Liz Construction Association and other major lenders.
The change of Claidsdale covers:
- The two -year and five -year large loan and interest rate residential interest rates have fallen by 28bps
- The maximum transfer rate of residential products for the two and five -year costs and expenses of the selected two and five -year costs is 18bps
- 75 % and 80 % of loans have decreased by 10bps with exclusive interest rates worth two and five years of residential REMO
- The exclusive interest rate of the two -year and five -year residential loan has fallen by 28 %
- 65 % of residential products have transferred the highest interest rate of up to 16bps
- The interest rate of 65 % LTV two and five years fell 24bps
The Monetary Policy Committee formulated by Bank of England is generally expected that the current interest rate is 4.75 %. When the first meeting on Thursday this year, it will be reduced by 0.25 %.
