Clydesdale Bank increase their buy-to-let maximum loan size to £1 million
Clydesdale Bank has increased their maximum buy-to-let mortgage loan size from £500,000 to £1 million as they look to attract more high-end clients.
Many of the buy-to-let mortgage lenders cap their maximum loan sizes at £500,000, although with Clydesdale's new higher loan size their mortgage rates are competitively priced.
Their lowest two-year fixed rate mortgage is 3.19% and it is available to borrowers with a 40% deposit. For those with a 30% deposit, the rate increases 3.59%. Both mortgages have a £1,999 arrangement fee and the lenders standard variable rate is 5.35%.
October 18, 2013
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