Clydesdale Bank cuts selected product transfer rates


Clydesdale Bank has reduced 65% and 75% loan-to-value (LTV) residential product transfer rates for existing customers.

As part of the changes, two-year fixed rates with a fee of £499 now start at 4.40% while the fee free version starts at 4.60%.

Meanwhile, five-year fixed rates with a fee of £499 will be available from 4.02% and the fee-free version will start from 4.17%.

Virgin Money head of intermediary sales Richard Walker says: “We’re pleased to announce that we’ve made reductions to our Clydesdale Bank retention rates which are available to existing customers.”

“Our Fee Offer products are now available from 4.17% and provide customers with a great opportunity to secure a new fixed rate.”

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