Clydesdale Bank announces rate rises and condensed mortgage range

The Bank has replaced its 75%-90% LTV full C&I range with two mortgage options: Two-year fixed rates at 1.89% with a £999 fee or 1.98% fee-free, available up to 90% LTV.

Additionally, it is replacing its previous two-year fixed rates with £999 and £1,499 fees with a single two-year fixed rate product at 1.95% available up to 80% LTV. This rate is available across all repayment types.

Elsewhere, Clydesdale has announced a series of rate increases of up to 0.20%.

The largest rises are across selected 85% and 90% LTV two-year fixed rates.

Selected 75% LTV and 80% LTV five-year fixes have risen by up to 0.13% and 65% LTV £1m+ rates have increased by 0.05%.

In Clydesdale's buy-to-let range, a 60% LTV two-year fixed rate with a £999 fee will be increased to 1.79%.