Clydesdale increases residential rates by up to 0.65%, reduces buy-to-let rates

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%.