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Clydesdale Bank has reduced its loan-to-value (LTV) conversion rate by 65% and 75% for residential products for existing customers.
As part of the changes, the two-year fixed rates of £499 now start at 4.40%, while the free version starts at 4.60%.
Meanwhile, the five-year fixed rates with a £499 fee will be available at 4.02% and the free version at 4.17%.
Richard Walker, head of intermediary sales at Virgin Money, says: “We are pleased to announce that we have reduced interest rates at Clydesdale Bank available to existing customers.”
“Our Fee Offer products are now available from 4.17% and provide a great opportunity for customers to get a new flat rate.”
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