Clydesdale launches sub-4% remortgage rates in latest round of cuts

The lender has reduced rates by up to 0.42%.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
30th August 2024
Clydesdale Bank

Clydesdale Bank has reduced rates across its residential purchase, remortgage and product transfer ranges by up to 0.42%.

The largest reductions are across the lender's core residential range, with selected two and five-year fixes reducing by up to 42bps and now starting from 4.11%.

In its exclusive remortgage range, two and five-year fixed rates have reduced by up to 0.14%, with a new 65% LTV five-year fixed rate launching at 3.99%.

Exclusive purchase products have decreased by up to 0.25%, now starting from 4.19%, while exclusive large loan products are down by up to 0.14%, starting from 4.31%.

In Clydesdale's professional product range, fixed rates have reduced by up to 0.16% and now start from 4.29%.

The bank has launched new exclusive product transfer rates at 65% LTV, with rates from 4.06%.

In addition, two and five-year fixed rate buy-to-let products have reduced by up to 0.20%.

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