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UK's 10th largest lender

Clydesdale lent £5bn in 2018. That's almost 2% of all mortgage lending.

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7 day approval time

That’s 13 days faster than the 20 day average across our lenders.

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Borrow 5.5 times your income

You could borrow up to this amount if you meet the lender's requirements.

About Clydesdale

Clydesdale is one of the UK’s largest mortgage lenders. 

The bank was founded in 1838 and helped raise Glasgow’s status as an international city. 

They provided almost 2% of all mortgages in 2018, totalling £5 billion¹.

Clydesdale offers mortgage deals to many people but often will not lend to you if you have bad credit.

In this guide we’ll cover:

Compare Clydesdale mortgages

Compare Clydesdale mortgages and see how your monthly payments would change depending on the initial period, total mortgage length, your deposit and how much you want to borrow.

After you choose a Clydesdale mortgage deal, one of our expert mortgage brokers can check whether you're eligible and help arrange the mortgage for you.

Your home may be repossessed if you do not keep up repayments on your mortgage.

New mortgage
Remortgage
Your loan to value is 60.00%

Is Clydesdale a good mortgage lender?

We're looking at public complaints data to estimate Clydesdale’s quality of service.

There were 1,008 complaints from Clydesdale mortgage customers between July and December 2019. 

That’s around 0.43% of customers and is lower than the 1.06% average across major lenders.*

Clydesdale scorecard:

  • Clydesdale is a good mortgage lender for fixed rate deals

  • Clydesdale offers low deposit mortgages, which could be good for first time buyers

*The number of customers this lender serves is not available to the public. This figure is an estimate based on market share and average house price in the UK.

How long a Clydesdale mortgage application takes

In the last 6 months it took Clydesdale an average of 7 days to process mortgage applications from Trussle customers.*

That’s 13 days faster than the 20 day average across all the lenders we’ve submitted applications to.

What affects the time taken to approve my application

The time it takes a lender to approve an application depends on your personal circumstances and how busy the lender is.

It can take as little as 24 hours to approve some applications, but some can take weeks or even months.

The quality of the application can affect the approval time. A mortgage broker can help by making sure your application has all the details the lender needs.

These details were last updated in July 2020.

How much could I afford to borrow from Clydesdale?

The amount you can borrow for a mortgage can vary. Eligible newly qualified professional applicants with a minimum income of £40k could borrow up to 5.5 times their income before tax.

You’ll find Clydesdale’s mortgage calculator on their website – this will give you an estimate of how much you may be able to borrow.

Clydesdale mortgage calculator

Calculate what you could borrow with Clydesdale mortgage. See what your Clydesdale monthly mortgage payments could be.

How much can I borrow?
Mortgage repayment calculator

Your home could be repossessed if you don't keep up repayments on your mortgage.

Talk to a mortgage broker or lender to get a more accurate remortgage savings amount.

You could borrow up to:

£000,000
Loan to value (LTV):00%
Including your deposit, you could afford a house price up to£000,000
Other fees you may have to pay:
Broker fee(free with Trussle)
Additional fees(learn more)

Next steps

If you're ready to get a mortgage, the next step is to answer a few more questions. Then a Trussle adviser will find the best mortgage deal for you.

Your home could be repossessed if you don't keep up repayments on your mortgage.

Talk to a mortgage broker or lender to get a more accurate remortgage savings amount.

Types of mortgages Clydesdale offers

Clydesdale offers a variety of mortgages for different types of customers.

Clydesdale offers:

Getting a Clydesdale mortgage

You can get a Clydesdale mortgage either directly from them or from a mortgage broker.

If you’re a first time buyer, check out our guide to find out how the process works.

Clydesdale mortgage offers are valid for 180 days. 

This gives you half a year to finalise everything you need to complete the purchase of your property.

If you cannot buy your home in that time, you’ll need to ask for an extension or apply again.

With Clydesdale, there are no early repayment charges if you switch to a new deal online in the last 3 months before your current deal ends.

Clydesdale mortgage payments

Following the completion stage, Clydesdale will confirm the amount of initial interest they’ll charge you and when the payment will be taken.

Some of Clydesdale’s mortgage deals allow overpayments and you can increase your monthly payments if they think you’ll be able to afford it.

If you fall into financial difficulty, Clydesdale may be able to extend your mortgage term or look at what you can pay for the short term. To find out if the lender offers payment holidays, contact them directly.

Insurance

Clydesdale will always require you to take out buildings insurance on the property. 

Contents insurance isn’t compulsory but is highly recommended.

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Get a mortgage with Trussle today

  • Voted the UK's best mortgage broker

  • Advice in under 24 hours and a mortgage decision in 5 days, or we'll pay you £100 (terms and conditions apply)

  • 100% fee free advice

  • 5-star Trustpilot rating from over 4,400 reviews

  • 12,000 mortgage deals from 90 lenders

  • Skip the paperwork: apply online any time

  • Free mortgage monitoring: we'll tell you when it's time to remortgage

Your home could be repossessed if you don't keep up repayments on your mortgage.

You may have to pay an early repayment charge to your existing lender if you remortgage.

Terms and conditions apply for Trussle's Speed Promise.

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Sources

Deal and rate data sourced by Trussle. All other information sourced from Clydesdale’s website, unless referenced below.

¹ UK Finance ² Financial Conduct Authority