Clydesdale cuts residential and buy-to-let rates by up to 0.51%

Clydesdale Bank has announced rate cuts of up to 0.51% across its residential and buy-to-let mortgage ranges.

Available from tomorrow, 21st August, selected two and five-year fixed rates in its core residential range, including product transfer, will decrease by up to 0.51%.

In addition, two-year discount offset rates will be reduced by 0.10%.

In its exclusives range, residential purchase and remortgage large loan rates are reducing by up to 0.38%.

Standard purchase two and five-year fixed rates are down by up to 0.19% and two-year remortgage rates at 75-80% LTV are reducing by up to 0.24%.

In Clydesdale's professionals range, two-year fixed rates are decreasing by up to 0.38%.

For buy-to-let selected 60-75% LTV two and five-year rates will be reduced by up to 0.35%. 

As part of the changes, a residential five-year fix at 90% LTV is increasing by 0.19% to 4.58%.