Clydesdale Bank increases resi rates by up to 37bps

On its residential range, selected two and five-year fixed rates have increased by up to 0.37% at 75% LTV, 0.35% at 80% LTV, 0.33% at 85% and 90% LTV, and 0.31% at 95% LTV.

As part of the changes, all of Clydesdale's exclusive 90% LTV fixed rates with a £1,999 fee available to existing customers will be withdrawn.

Elsewhere, 75% and 80% LTV Full C&I two and five-year fixed rates with a £999 fee will be increased by up to 0.34% and £1m+ 65% LTV fixed rates have risen by 0.20%.

On Clydesdale's buy-to-let range, 60% LTV two and five-year fixed rates will be increased by up to 0.25%.

This morning Virgin Money, which owns Clydesdale Bank, announced rate rises across its residential and buy-to-let products of up to 0.36%.