New discounted variable mortgages from Clydesdale

Clydesdale and Yorkshire Banks are set to launch a new range of competitive mortgage products on Friday, 25 September 2009.

The new range of discounted variable mortgages, available to new and existing mortgage customers at both banks, offers a highly competitive interest rate of 2.99% when customers provide a 40% deposit.

Steve Reid, Retail Director for Clydesdale and Yorkshire Banks, said: "At Clydesdale and Yorkshire Banks we are focused on providing competitive products and this new range of discounted variable mortgage products is great news for homeowners.

"Across the market standard variable rates are at an all time low and as a result we have introduced a range of discounted variable rates as low as 2.99% to appeal to homeowners looking to move home, re-mortgage or release equity in their current property."

Clydesdale and Yorkshire Banks have a range of competitive mortgages and for more information, visit cbonline.co.uk or ybonline.co.uk.