Clydesdale and Yorkshire launches cashback offer

Eligible products include 2 and 5-year residential fixes at 2.79% and 3.59% to 75% LTV with no arrangement fees.

Other examples are 5-year residential fixes at 3.49% to 85% LTV and 3.99% to 90% LTV, while buyers looking to borrow at least £150,000 can take out a 90% LTV 3-year fix at 3.44%.

Such products come with a £999 arrangement fee for new customers and £499 for existing customers.

Steve Fletcher, head of Clydesdale and Yorkshire banks’ retail network, said: “We are providing a range of mortgages to meet the different needs of buyers at different points on the housing ladder.

“This £1,000 cashback offer and the new rates are clear examples of support for homebuyers, whether they are looking to buy their first home or take the step to the next rung.”