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Virgin Money - We’re reducing rates on selected Clydesdale Bank products

19 February 2025

We wanted to let you know that we’re making some changes to the following Clydesdale Bank products on Thursday 20 February.

Variable Rates

  • As per our communication on Thursday 6 February, we’ll be reducing our variable rates following the Monetary Policy Committee decision to reduce the Bank of England Base Rate.

Core Product Range (including Product Transfers)

  • 65% and 75% LTV 2 and 5 year residential rates will be reduced by up to 0.10%.

Exclusives

  • 75% LTV 2 and 5 year residential Remo Exclusive rates will be reduced by up to 0.05%.
  • 65% and 75% LTV 2 and 5 year residential Large Loan Exclusive rates will be reduced by up to 0.10%.
  • 65% residential Product Transfer Exclusive rates will be reduced by up to 0.05%.

Discount Offset Range

  • 80% LTV 2 Year Discount Offset rates will be reduced by 0.25% in line with our variable rate changes.

You can find our current rates on our website. If you’ve got any questions, you can get in touch with your Business Development Manager.

The team at Clydesdale Bank