Interest rates and charges: Investment housing loan
Rates and charges for investment housing loans
Rates of interest are subject to change but are correct as at 1st May 2008.
Click here to see interest rates and charges for other mortgage accounts
| Investment Housing Loan | Current Rate % p.a | The overall cost for Comparison and Current APR+ % | Arrangement Fee | Early Repayment Charge |
|---|---|---|---|---|
| Variable Rates | ||||
| Flexible Standard Variable Rate | 7.14 | 7.8 | £999 | None |
| Tiered Variable Rates | ||||
| Tier 1 - £50,000 to £99,999 | 7.14 | 7.8 | £999 | None |
| Tier 2 - £100,000 to £124,999 | 7.14 | 7.8 | ||
| Tier 3 - £125,000 to £999,999 | 7.14 | 7.8 | ||
| Tier 4 - £1,000,000+ | 6.49 | 6.7 | ||
| Fixed until 31st August 2010 Changing from 1st September 2010 for remainder of mortgage to our variable rate, currently | 6.99 7.14 | 7.5 | £999 | See Table below |
| Fixed until 31st August 2013 Changing from 1st September 2013 remainder of mortgage to our variable rate, currently | 6.99 7.14 | 7.5 | £999 | See Table below |
| Term | Early Repayment Charge Percentage applicable during year of theFixed/Capped/Discounted Rate | ||||
|---|---|---|---|---|---|
| Period elapsed since drawdown | 1st year | 2nd year | 3rd year | 4th year | 5th year |
| Fixed until 31st August 2013 | 5% | 5% | 4% | 3% | 2% |
| Fixed until 31st August 2010 | 3% | 2% | - | - | - |
+The APR varies depending on the amount and length of the loan and the repayment dates
Written quotations are available on request. All loans are subject to status and applicants must be 18 or over. Security is required. One or more of the following policies may be required: Endowment, Pension Plan, Mortgage Guarantee.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.
Clydesdale Bank PLC 30 St Vincent Place Glasgow G1 2HL. Registered in Scotland No: SC001111.