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Clydesdale launches into 80% LTV B2L lending

Clydesdale Bank has become the latest lender to launch into 80% LTV buy-to-let lending.

The bank is launching a two-year fix at 4.49% and a five-year fix at 5.39% tomorrow.

Both products come with a £1,999 arrangement fee and are available for loans up to £500,000.

Clydesdale previously lent up to a maximum LTV of 75% on buy-to-let.

A spokesman for the lender says the rates are among the most attractive being offered in this segment of the buy-to-let market.

He says: “We have been growing the amount of business we do via brokers over the past year and this is an extension of that.

“There is clearly a lot of demand out there from brokers, particularly for higher LTV buy-to-let products, so we are responding to that demand.”

Leeds Building Society and Aldermore increased their maximum LTV on buy-to-let to 80% earlier this month.


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  • Ketan Yadav - Avenue & Co Private Finance 27th January 2012 at 12:08 pm

    Criteria – REPAYMENT ONLY for BTL with rental income of 125% at pay rate.

    (confirmed by my BDM Max Myring just now)

    …pretty tough criteria if you ask me.
    Nat West Intermediaris will offer 4.39% Fixed 2 yrs to 75% LTV – Interest Inly with £1999 fee – that will fit more cases.

  • Kevin Vella 27th January 2012 at 9:26 am

    @ max
    Agreed, why the cloak and dagger to get on their panel to submit business ?

  • a kharkowa 27th January 2012 at 9:07 am

    Is teh purpose of CB s 80% offering for B2L just a trick to get top of sourcing results?
    With restrictions in distribution and only offering capital and interest- Forget It!

  • Jason Hegarty 26th January 2012 at 2:43 pm


    From their website.
    Repayment method
    Repayment, interest only, or a combination of both.

  • max 26th January 2012 at 2:22 pm

    great, now try and get on their panel for new business. thsi is like saying we have 90% btl at 2% for life, but you can only get it if we like you. mortgage strategy shoudl be asking CBank why they operate a closed shop, particularily for DA brokers.

  • Graham Kennedy 26th January 2012 at 1:12 pm

    Although improvements such as this are always welcome why is there no comment here about these products only being available on a capital & interest basis?