The bank has also pulled its two-year fixed remortgage at 60 per cent loan to value (LTV) with a £999 fee.
Its residential purchase rates have been lowered by up to 0.35 per cent up to 95 per cent LTV. A two-year fix at 60 per cent LTV with a £999 fee now has a rate of 5.29 per cent, down from 5.34 per cent, while the fee-free alternative has been cut by 0.09 per cent to 5.59 per cent.
Across the five-year fixes, the 60 per cent LTV with a £999 fee has been reduced by 0.06 per cent to 4.92 per cent and the fee-free option is now priced at 5.04 per cent, a 0.1 per cent cut.
Two and five-year fixed remortgages have been lowered by as much as 0.35 per cent and now vary from 4.82 per cent for a five-year fix at 60 per cent LTV with a £999 fee, to 5.99 per cent for a fee-free two-year fix at 90 per cent LTV.
Large loan purchase and remortgage deals have been reduced by 0.1 per cent, while new-build rates have been lowered by up to 0.33 per cent.
Product transfer rates have been reduced by up to 0.25 per cent.
Changes apply from 15 December.
Clydesdale Bank
Clydesdale Bank has made rate cuts across new customer and product transfer mortgages.
Between 75 and 90 per cent LTV, fixed rates have been reduced by up to 0.14 per cent and now start from 4.79 per cent.
Five-year fixed rates for buy-to-let borrowers now start from 5.32 per cent between 60 and 75 per cent LTV, following a 0.21 per cent reduction. Five-year fixed rates for professional and newly qualified professional borrowers have been cut by 0.17 per cent and start from 5.18 per cent.
Across product transfers, rates have been reduced by as much as 0.17 per cent, across Clydesdale’s residential, buy-to-let, large loan and professional ranges.
