Clydesdale Bank cuts buy-to-let rates

Rates have been cut by up to 0.40%, as its 75% loan-to-value 2-year fix now costs 2.19% with a £1,999 arrangement fee.

Clydesdale Bank cuts buy-to-let rates

Clydesdale Bank Intermediaries has reduced a number of buy-to-let rates for a limited time.

Rates have been cut by up to 0.40%, as its 75% loan-to-value 2-year fix now costs 2.19% with a £1,999 arrangement fee.

Another option is a 75% LTV 2-year fix at 2.64% with no fee.

Fred Sharp, head of mortgage distribution at Clydesdale, said: "Following the launch of our 80% LTV BTL products on a C&I basis and the introduction of our range of 3-year fixed rate BTL products, we are delighted to announce our limited time only rate reductions.

“We have a buy-to-let proposition which we are very proud of and these changes will allow us and our brokers to help even more customers."