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Clydesdale Bank offers newly-qualified professional mortgages

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  • 10/07/2018
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Clydesdale Bank offers newly-qualified professional mortgages
Clydesdale Bank Intermediaries has launched of a range of mortgages offering enhanced criteria for newly qualified professionals.

 

 

 

The products are available to accountants, architects, barristers, chartered surveyors, dentists, medical doctors, pharmacists, pilots, solicitors and vets with an income of £40,000 or more, who qualified within the last five years.

Income multiples of up to 5.5 are available on the deals and up to 95% loan to value (LTV), with a maximum loan size of £600,000.

Rates start at 2.14% and terms of two, three and five years are available starting from 85% LTV.

Fred Sharp, Clydesdale’s head of mortgage distribution, said: “We already have a range of mortgage products for professionals which have proved extremely popular.

“Listening to the voice of our brokers and customers alike, we have developed the new range for newly qualified professionals to build on those strong foundations and provide features we know will deliver real value to customers.

“We’re excited about the launch and look forward to helping even more customers buy or refinance their home.”

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