Clydesdale Bank product changes kick in today with changes to its variable rate range for new customers:h
- 2 Year Discount Offset products will be withdrawn, including the 80% LTV product at 5.19% for loans <£1m;
- New Discount Variable rates will be launched, supporting customers opting for a variable rate with no Early Repayment Charge. The new 2 Year Discounts from SVR will start from 4.99% for loans <£1m;
- For new Buy To Let customers, the Offset Variable Investment Housing Loan (OVIHL) will cease to be available as an on-sale product, with current rate at 7.49%.
The new Discount Variable rates will be available for applications from today.
There are no changes to the product
range for existing customers taking a Product Transfer or porting.
