x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button

TODAY'S OTHER NEWS

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.”

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up