Clydesdale increases residential rates by up to 0.65%, reduces buy-to-let rates
The Bank has also introduced new exclusive residential purchase and remortgage deals.
Clydesdale Bank has announced a series of rate changes across its residential and buy-to-let mortgage ranges.
From today, two and five-year fixed rates across the Bank's residential range for new and existing customers will increase by up to 0.29% between 65-75% LTV.
Two and five-year fixed rate professional products have also risen by up to 0.65% and two-year fixed rate buy-to-let products at 60% LTV have increased by up to 6bps.
Elsewhere in Clydesdale's buy-to-let range, selected two and five-year fixed rate products have reduced by up to 0.45%.
As part of the changes, the Bank has introduced new exclusive residential purchase and remortgage deals.
New 75%-85% LTV two and five-year fixed rate remortgage products have launched starting from 4.54% and purchase deals between 75-90% LTV have launched from 4.44%, all with a £1,499 fee.
In addition, 75-90% LTV exclusive large loan products have launched from 4.53%.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
FCA
FCA mortgage reform plans set out affordability assessment changes for borrowers with past credit problems
Bank Of England
Decision to hold interest rates an 'active choice', BoE's Bailey says
Offa
Offa joins Iress XPM and Trigold
Interest Rates
Case for hiking rates is growing, MPC member says
House Prices
House prices to fall 2% in 2026 as war in Iran 'fundamentally changes outlook'
CPD article
Beyond the Bank of Family: How lenders can unlock homeownership