Clydesdale Bank
| Use attributes for filter ! | |
| Customer service | 00 44 141 951 7320 |
|---|---|
| Parent organizations | CYBG plc |
| Headquarters | Glasgow |
| United Kingdom | |
| Ceo | David Duffy |
| Revenue | 1. 004 billion GBP (2015) |
| Subsidiaries | Yorkshire Bank |
| Date of Reg. | |
| Date of Upd. | |
| ID | 808552 |
About Clydesdale Bank
Clydesdale Bank plc is a commercial bank in Scotland. Formed in Glasgow in 1838, it is the smallest of the three Scottish banks. Independent until it was purchased by Midland Bank in 1920, it formed part of the National Australia Bank Group between 1987 and 2016.
Average two-year mortgage rate close to 6%
... First-time buyers hitOther lenders to make changes in the past 24 hours include Clydesdale Bank, which pulled a number of deals...
Nationwide latest lender to raise mortgage rates again
... Another lender, Clydesdale Bank, said it was withdrawing deals via brokers later on Thursday owing to high demand...
Stone blocks collapse onto road from bank building in Thurso
... Police Scotland said officers were called to the former Clydesdale Bank building on Traill Street at about 03:35...
King Charles: New coins featuring monarch's portrait unveiled
... In addition to these Bank of England banknotes, paper £20 and £50 notes issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland will also be withdrawn on the same date...
Just 100 days left to spend paper £20 and £50 notes
... Paper £20 and £50 notes issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland will also be withdrawn on the same date...
Key Post Office deal agreed for future of cash
... When the last Post Office banking agreement was signed in 2019, Barclays caused controversy by refusing to join - The 30 signatories to the new agreement are: Barclays, HSBC, Santander, NatWest, RBS, TSB, Halifax, Adam & Co, Allied Irish Bank, AIB, Bank of Ireland, Bank of Scotland, Cahoot, Cashplus Bank, Coutts, Co-op, Danske, First Direct, Handelsbanken, Metro, Nationwide, Smile, Starling Bank, Thinkmoney, Ulster, Virgin Money, Yorkshire Bank, Clydesdale Bank, CAF Bank and credit union Incuto...
Bank of mum and dad 'one of UK's biggest mortgage lenders'
... Clydesdale Bank, the UK s 10th largest mortgage lender lent £5bn last year...
Which banks do customers love or hate?
... Clydesdale Bank was bottom on the ranking of overdraft services...
Nationwide latest lender to raise mortgage rates again
By Kevin PeacheyCost of living correspondent
Nationwide will become the latest lender to raise mortgage rates again, with increases of up to 0. 7 percentage points taking effect on Friday.
The Building society, one of the UK's biggest lenders, said that The Changes were being made to ensure it could serve all its customers.
Another lender, Clydesdale Bank , said it was withdrawing deals via brokers later on Thursday owing to high demand.
One broker said The Market was in a " vicious circle".
Andrew Montlake, of Coreco, said that lenders were putting up rates at short-notice, then borrowers were grabbing deals, leaving lenders inundated and having to pull or raise rates again.
" It is massively hard to navigate for everyone, especially clients, who need to make quick decisions in these circumstances, whilst brokers are working round The Clock to try to Lock In to these rates, " He Said .
Nationwide is the latest major to repeat rate rises. On Friday, it will increase the rates on a variety of fixed-rate mortgages sold via brokers. Among them is a 0. 7 percentage point hike in interest on new deals for existing customers moving home.
A spokesperson for The Building society said lenders' costs were Rising , and competitors were also putting up rates.
" This ensures that, as a building society, we can continue lending to all types of borrowers. Despite The Changes in rates, our full mortgage range continues to remain available, " He Said .
Data on wages and Rising prices mean markets anticipate inflation and interest rates to stay higher for longer than previously expected.
This has led to government borrowing costs - which directly impact mortgage rates - Rising to levels as high as Last Year 's mini-budget.
The Base rate, set by The Bank of England's Monetary Policy Committee and currently at 4. 5%, will be reviewed next week and is widely expected to go up for the 13th Time In a row.
" It is important that everyone does not panic, and that includes The Bank of England, " Mr Montlake said.
" Questions need to be asked as to whether they really do need to increase rates Beyond 5 % before previous rate changes have had an effect, and they risk causing more problems than they are trying to solve. "
Related TopicsSource of news: bbc.com
