Interest Rates and Charges: Mortgages
Rates and charges for our mortgages
Rates of interest are subject to change but are correct as at 1st May 2008.
Click here to view interest rates and charges for Investment housing loans
| Fixed Rate Mortgages | Current % p.a. | The overall cost for Comparison and Current APR+ is | Arrangement fee | Early Repayment Charge |
|---|---|---|---|---|
| Up to £75,000 | ||||
| Fixed until 30th June 2009 Changing from 1st July 2010 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.4%APR+ | £999 | See table below |
| Fixed until 30th June 2010 Changing from 1st July 2010 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.3%APR+ | £999 | See table below |
| Fixed until 31st July 2013 Changing from 1st July 2013 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.1%APR+ | £999 | See table below |
| Over £75,000 up to £100,000 | ||||
| Fixed until 30th June 2009 Changing from 1st July 2009 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.4%APR+ | £999 | See table below |
| Fixed until 30th June 2010 Changing from 1st July 2010 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.3%APR+ | £999 | See table below |
| Fixed until 31st July 2013 Changing from 1st July 2013 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.1%APR+ | £999 | See table below |
| Over £100,000 | ||||
| Fixed until 30th June 2009 Changing from 1st July 2009 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.4%APR+ | £999 | See table below |
| Fixed until 31st July 2010 Changing from 1st July 2010 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.3%APR+ | £999 | See table below |
| Fixed until 30th June 2013 Changing from 1st July 2013 for remainder of mortgage to our standard variable rate, currently | 6.19 7.14 | 7.1%APR+ | £999 | See table below |
| First Time Buyers | ||||
| Loan to Value < 90% | ||||
| Fixed until 30th June 2011 Changing from 1st July 2011 for remainder of mortgage to our standard variable rate, currently | 6.59 7.14 | 7.3%APR+ | £599 | See table below |
| Fixed until 30th June 2011 Changing from 1st July 2011 for remainder of mortgage to our standard variable rate, currently | 6.79 7.14 | 7.3%APR+ | Nil | See table below |
| Loan to Value > 90% | ||||
| Fixed until 31th July 2011 Changing from 1st July 2011 for remainder of mortgage to our standard variable rate, currently | 6.99 7.14 | 7.4%APR+ | £599 | See table below |
| Early Repayment Charges | |||||
|---|---|---|---|---|---|
| Term | Percentage charge applicable during year of the Discounted/Fixed/Capped Rate | ||||
| 1st year | 2nd year | 3rd year | 4th year | 5th year | |
| Fixed until 31st July 2013 | 5% | 5% | 4% | 3% | 2% |
| Fixed until 30th June 2010 | 3% | 2% | - | - | - |
| Fixed until 30th June 2009 | 2% | - | - | - | - |
| Discounted Tracker until 31st July 2010 | 2% | 3% | - | - | - |
| First Time Buyers | |||||
| Loan to Value < = 90% | |||||
| Fixed until 30th June 2011 | 5% | 4% | 3% | - | - |
| Loan to Value > 90% | |||||
| Fixed until 30th June 2011 | 6% | 5% | 4% | - | - |
| Variable Rate Mortgages* | Current Interest Rate % p.a. | The overall cost for comparison and Current APR+ is | |
|---|---|---|---|
| Flexible Payment Mortgage | Interest Only Mortgage | ||
| Variable Rate | |||
| Standard Variable Rate | 7.14 | 7.7% APR+ | 7.6% APR+ |
| Tiered Rate | |||
| Tier 1 - £50,000 to £99,999 | 7.14 | 7.7% APR+ | 7.6% APR+ |
| Tier 2 - £100,000 to £124,999 | 7.14 | 7.7% APR+ | 7.6% APR+ |
| Tier 3 - £125,000 to £999,999 | 7.14 | 7.7% APR+ | 7.6% APR+ |
| Tier 4 - £1,000,000+ | 6.40 | 6.6% APR+ | 6.6% APR+ |
*In all cases there is no Early Repayment Charge and an Arrangement Fee of £599
| Clydesdale Bank Rapid/Flexible Repay | Previous % p.a. | Previous APR+ | Current % p.a. | The overall cost for Comparison and Current APR+ is | Arrangement Fee | Early Repayment Charge |
|---|---|---|---|---|---|---|
| £25,000 - £74,999 | 6.99 | 7.5 | 6.74 | 7.1% APR+ | £599 | None |
| Tier £75,000 - £124,999 | 6.79 | 7.1 | 6.54 | 6.9 % APR+ | £599 | None |
| Tier 1 £125,000+ | 6.49 | 6.8 | 6.24 | 6.5% APR+ | £599 | None |
| Clydesdale Bank Offset Mortgage | Previous % p.a. variable | Previous APR+ | Current % p.a. variable | The overall cost for Comparison and Current APR+ is | Arrangement Fee | Early Repayment Charge |
|---|---|---|---|---|---|---|
| Tier 1 £25,000 - £74,999 | 6.79 | 7.3% APR+ | 6.54 | 7.0% APR+ | £599 | None |
| Tier 2 £75,000 - £249,999 | 6.59 | 7.0% APR+ | 6.34 | 6.7% APR+ | £599 | None |
| Tier 3 £250,000 and above | 6.44 | 6.7% APR+ | 6.19 | 6.4% APR+ | £599 | None |
| Offset Tracker Mortgages | Current % p.a. | The overall cost for Comparison and Current APR+ is | Arrangement fee | Early Repayment Charge |
|---|---|---|---|---|
| Discounted Lifetime Tracker | ||||
| Discounted until 31st July 2010 BOE Base Rate + 1.34% Changing from 1st August 2010 for remainder of mortgage to BOE Base Rate + 1.75%, currently | 6.34 6.75 | 7.0%APR+ | £999 | See table above |
+The APR varies depending on the amount and length of the loan and the repayment dates
Written quotations are available on request. All loans are subject to status and applicants must be 18 or over. Security is required. One or more of the following policies may be required: Endowment, Pension Plan, Mortgage Guarantee.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.
Clydesdale Bank PLC 30 St Vincent Place Glasgow G1 2HL. Registered in Scotland No: SC001111.