Lenders

Clydesdale Bank – UK Mortgage Lender

The Clydesdale Bank was founded in 1838 in Glasgow. One of Scotland’s largest banks, Clydesdale was taken over by the National Australia Bank in 1987.

It has 150 branches located in Scotland, northern England and London. Further expansion is planned in southern England.

Mortgage Products

Flexible Payment Mortgages: option to make increased mortgage repayments and on-off lump sum payments to reduce outstanding mortgage balance.

Offset and Current Account Mortgages: mortgages associated with offset accounts or current accounts.

Tracker Mortgages: discounted lifetime tracker mortgages.

Investment Housing Mortgages: fixed rate and standard variable rate mortgages.

The Clydesdale Bank has won the Best Mortgage Lender in Scotland according to ‘What Mortgage’, for three years, between 2004 to 2007, making it a popular choice within Scotland and more recently across the rest of the UK.

Investment housing loans deal with the traditional buy to let mortgage and also offer the flexibility to extend the mortgage as far as is necessary to allow borrowers to purchase additional properties and to grow an investment portfolio.

Clydesdale Bank also offers a range of current accounts and saving accounts to complement the mortgages that are available.

One of the innovative products that Clydesdale Bank offers is the flexible payment mortgage which allows underpayments and overpayments to be made; this is particularly useful for those without a regular income such as mortgage holders who earn bonuses and may wish to make bulk payments and payment holidays at various times throughout the year.

Website: www.cbonline.co.uk