Mortgage News
Clydesdale Bank increases select resi and BTL products by up to 0.34 per cent
Clydesdale Bank will up the rates for select residential, professional and newly qualified professional and buy-to-let mortgage products by as much as 0.34 per cent.
The changes come into effect from 8pm today.
The lender said core residential two and five-year fixed rates between 75 and 95 per cent loan to value (LTV) will go up by around 0.23 per cent.
Two and five-year fixed rates for loans above £1m will increase by around 0.21 per cent.
Professional and newly qualified professional fixed rates will rise by around 0.19 per cent.
On the buy-to-let side, two-year fixed rates between 60 and 75 per cent LTV go up from around 0.16 per cent.
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Five-year fixed rates between the same LTV tiers will increase by up to 0.34 per cent.
The lender added that it would make select two and five-year fixed rates which were previously available only to existing customers available for all customers.