Clydesdale Bank extends fee free mortgage offer
9th July 2012
A fee free mortgage boost for first time buyers and homeowners looking to remortgage or switch to Clydesdale Bank has been extended until Tuesday 31st July 2012.
The fee free offer, which is now available until the end of July, represents a saving of up to £999.
The Bank launched the first time buyers’ offer in May and last month extended it to homeowners looking to remortgage or switch to a Clydesdale Bank mortgage.
Steve Reid, Retail Director for Clydesdale Bank, said: “The Bank’s fee free mortgage offer is designed to help people find the right mortgage to suit their individual needs without having to pay an arrangement fee and we have had a great response to the offer so far.
“Now the offer has been extended until the end of July we anticipate an even greater uptake from buyers who want to take advantage of this saving.”
The Bank remains committed to helping homeowners take the first step onto the property ladder. Clydesdale Bank offers a three year rate fixed at 5.99% for buyers with a 5% deposit* and a three year fixed rate at 4.99% for buyers with a 10% deposit. In addition, customers re-mortgaging from another lender won’t have to pay any legal or valuation fees* and may be interested in a five year deal fixed at 3.79% for a 65% loan-to-value mortgage.
Range of Clydesdale Bank mortgages included in the Fee Free Mortgage offer
| Current Rate | Standard Fee | Special Offer | |
| 2 Year Residential Fixed < 65% | 3.49% | £999 | £0 |
| 2 Year Residential Fixed < 75% | 3.69% | £999 | £0 |
| 2 Year Residential Fixed < 80% | 3.99% | £999 | £0 |
| 2 Year Residential Fixed < 85% | 4.69% | £999 | £0 |
| 2 Year Residential Fixed < 90% | 5.59% | £999 | £0 |
| 3 Year Fixed FTB < 90% | 4.99% | £599 | £0 |
| 3 Year Fixed FTB < 95% | 5.99% | £599 | £0 |
| 5 Year Residential Fixed < 65% | 3.79% | £999 | £0 |
| 5 Year Residential Fixed < 75% | 4.09% | £999 | £0 |
| 5 Year Residential Fixed < 80% | 4.49% | £999 | £0 |
| 5 Year Residential Fixed < 85% | 5.19% | £999 | £0 |
| 5 Year Residential Fixed < 90% | 5.89% | £999 | £0 |
| 2 year offset discount <65% | 3.25% | £999 | £0 |
| 2 year offset discount <75% | 3.35% | £999 | £0 |
| 2 year offset discount <80% | 4.15% | £999 | £0 |
| Offset Variable <85% | 4.95% | £999 | £0 |
For more information visit your local branch or contact 0800 22 24 26 for Clydesdale Bank or visit www.cbonline.co.uk.
*Terms and conditions apply.
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.