Clydesdale and Yorkshire Banks launch new mortgage rates
3rd September 2015
Clydesdale and Yorkshire Banks today (Thursday 3rd September) launched new lower mortgage rates with a number of market leading products.
The highly competitive rates include a selection of fixed and fee offer mortgages to suit different needs and circumstances, from those taking their first step onto the property ladder through to those re-mortgaging or moving home.
As part of their continued support for first time buyers the Banks are offering a selection of mortgages which offer a £250 cashback, no funds transfer fee and one free valuation*. These include a three year fixed 95% LTV mortgage at 4.49%* and a three year fixed 90% LTV mortgage at 3.09%*.
Examples of Fee Offer First Time Buyer Mortgages*:
| Product Name | Max loan to value | Initial rate | Arrangement Fee | Cashback |
|---|---|---|---|---|
| FTB 3 year fixed rate | 95% | 4.49% | £0 | £250 |
| FTB 3 year fixed rate | 90% | 3.09% | £0 | £250 |
Clydesdale and Yorkshire Bank have also lowered rates for existing homeowners with a range of mortgages to suit different needs and circumstances from a two year fixed 90% LTV mortgage at 2.89%* which has no arrangement fee to a five year fixed 90% LTV at 3.39%*.
Examples of Fee Offer Mortgages*:
| Product Name | Max loan to value | Initial rate | Arrangement Fee |
|---|---|---|---|
| Two year fixed rate | 90% | 2.89% | £0 |
Examples of Standard Fee Mortgages**:
| Product Name | Max loan to value | Initial rate | Arrangement Fee |
|---|---|---|---|
| Two year fixed rate | 90% | 2.39% | £999 |
| Five year fixed rate | 90% | 3.39% | £999 |
Examples of Re-mortgage Fee Offer Mortgages***:
| Product Name | Max loan to value | Initial rate | Arrangement Fee |
|---|---|---|---|
| Two year fixed | 75% | 1.99% | £0 |
| Two year fixed | 80% | 2.09% | £0 |
| Five year fixed | 75% | 2.79% | £0 |
| Five year fixed | 80% | 2.89% | £0 |
For more information, customers can contact their local branch, call 0800 22 24 26 for Clydesdale Bank or 0800 20 21 22 for Yorkshire Bank, or visit our websites: www.cbonline.co.uk or www.ybonline.co.uk
*Terms and conditions apply. Loans are subject to status.
** Minimum loan of £100,000.
*** Minimum loan of £75,000
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.