The offer represents a saving of £999 and is available across the banks’ two and five-year fixed rate residential mortgages up to 90% LTV.
The range also includes two-year offset discounts from 2.89% available at 65% LTV and an offset variable deal at 4.59% available at 85% LTV.
Clydesdale Bank retail director Steve Reid (pictured) said: “At Clydesdale and Yorkshire Banks we remain focused on offering a range of competitive products that meet the differing needs of our customers.
“Our fee-free mortgage offer is designed to help people find the correct mortgage to suit their individual needs without having to pay an arrangement fee.”
Earlier this week Halifax launched a fee-free first-time buyer mortgage at 5.99%, while Coventry Intermediaries launched an application fee-free buy-to-let loan from 5.60%.