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0845 602 5450
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Open Mon-Fri 8am-8pm
Open Mon-Fri 8am-8pm
Offset 2 year discounted mortgage
For loans up to 80% of the value of your home
Link your Clydesdale Bank current and savings accounts, and even some business accounts, to your mortgage and save on interest payments. And enjoy a discount on your interest rate for the first two years
| Mortgage name | Offset 2 year discounted mortgage |
| Initial rate | 4.15 % |
| Initial rate expires on | 31st July 2014 |
| Rate thereafter | Standard Variable Rate, currently 4.95 % |
| Overall cost for comparison | 5.1 % APR |
| Maximum loan to value | 80% |
| Arrangement fee | £ 999 |
| Option to add arrangement fee to mortgage | Yes (but be aware that if the total amount borrowed including fees exceeds the loan to value above, a higher interest rate will apply) |
| Legal fees | None - we will pay your legal fees when you switch your mortgage from another lender and use our solicitors |
| Valuation fee | None - we will pay your standard valuation fees when you switch your mortgage from another lender and use our valuation panel |
| Special offers | Our free valuation and legal fees reduce your up-front costs |
| Special features | At the end of the discounted period you can make extra payments or repay your whole mortgage without penalty Link up to six Clydesdale Bank current and savings accounts to save on interest payments and repay your mortgage early You can even combine your business credit balances – available to sole traders and simple partnerships (two or more people in business and with their mortgage together; for example, a husband and wife or civil partnership couple) |
| Early repayment charge | 3% in year 1, 2% in year 2 |
| Eligibility | Applicants must be aged 18 or over. All loans are subject to status. Security will be required |
| How to apply | To arrange an appointment with a mortgage adviser: Call us on 0845 602 5450 Enquire online Find your nearest branch |
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Your home may be repossessed if you do not keep up repayments on your mortgage
Written quotations are available on request
The maximum Loan to Value (LTV) for interest only where the repayment strategies meet the Bank’s criteria and can be evidenced is 75%. If the repayment vehicle is either cash savings or downsizing, the maximum LTV will be 50%.