Intermediary solutions as individual as your clients
At Clydesdale Bank we provide products to suit a range of clients, including contractors, the self-employed, employed and FTBs – many of these products have no lender arrangement fee.
Our underwriters adopt a flexible, tailored approach and consider individual circumstances, not just a credit score.
Recent enhancements to our proposition include:
Affordability calculator for both Residential and Buy to Let enquiries on our website.
Non-standard income: We’ll discuss non-standard income streams and more complex income structures to see if we can find a way to assist your clients.
Self-employed: To calculate income, we use net profit before tax (and in the case of a Ltd. company, add the director’s remuneration), averaged over a two year period or we use the latest year if this is lower than the previous year.
Contractors: Where criteria is met, we will work from the contract rate and gross up by 46 weeks.
Credit history: As we assess cases individually, we will consider justifiable isolated credit failures as part of the overall profile to see if we can assist.
We adopt a flexible approach for FTBs who may have limited credit history.
Newly Qualified Professional Products – up to 5.5x income/95% LTV to £600k. Subject to affordability assessment. Additional eligibility criteria applies.
Joint Borrower Sole Owner
Direct underwriter access for loans of £1m or more