Clydesdales Bank has increased certain higher loan to value (LTV) residential, professional and newly qualified, and buy to let products.
The lender has increased two and five-year fixed rates at 90 per cent LTV for loans between £600,000 and £1m by up to 0.32 per cent.
This includes a two-year fixed residential product which has gone from 2.67 per cent to 2.99 per cent.
Residential two and five-year fixed rates between 65 and 85 per cent LTV for loans over £1m increased by around 0.16 per cent.
An example includes its five-year fixed rate at 65 per cent LTV which now stands at 2.55 per cent, a rise from 2.44 per cent previously.
On the buy-to-let side, Clydesdales’ products at 60 per cent LTV have risen by up to 0.16 per cent, which includes its two-year fixed rate going from 2.24 per cent to 2.4 per cent.
It added that select buy-to-let rates at 75 per cent LTV have gone up by 0.15 per cent.
Clydesdale Bank has increased its professional and newly qualified professional rates by up to 0.12 per cent.
Finally, the lender has upped select two and five-year fixed rates between 75 and 90 per cent LTV by up to 0.09 per cent.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
