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Clydesdale Bank remains committed to BTL but withdraws from bridging market

Clydesdale Bank has reiterated its commitment to supporting buy-to-let landlords looking to invest in the PRS by announcing plans to focus more closely on its BTL and residential offering after withdrawing from the bridging market. 

Following an eight-month pilot phase with a small number of broker partners, which focussed on light refurbishment bridging options, the lender has now confirmed that it will no longer offer bridging loans. 

A spokesperson for Clydesdale Bank commented: “We can confirm we will not be extending our bridging loan pilot.


“We will continue to focus on our core propositions across the residential and buy-to-let market.

“All applications up to cob Monday 11th November will be honoured and supported through the pipeline to completion.”


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