Clydesdale Bank has reduced the rates for select purchase deals, brought out new products and increased pricing for select variable rates.
Within its exclusive purchase deals, which are available for loan sizes between £300,000 and £600,000, its two-year fixed rate at 90 per cent loan to value (LTV) has been cut by 0.3 per cent to 6.2 per cent.
Its five-year fixed rates at 90 per cent LTV has decreased by 0.1 per cent to 5.75 per cent.
Within its new and existing customer products, the lender has brought out a two-year fixed buy-to-let rate at 60 per cent LTV with a £1,999 fee at 6.72 per cent.
It has also added a five-year fixed rate with a £2,999 fee at 6.32 per cent.
Clydesdale Bank has also cut selected two-year fixed rates at 80 per cent LTV by up to 0.1 per cent.
The end dates will move to November of the relevant year.
The firm will increase the rates for its two-year offset discount variable rates by 0.5 per cent, with rates beginning from 5.74 per cent.
On the buy-to-let side, two and five-year fixed rate fee-offer products will be withdrawn and its two-year fixed rate at 60 per cent LTV with £999 fee will be withdrawn.
TSB brings out residential three-year fixed rates
TSB has introduced residential three-year fixed rates between 60 and 90 per cent LTV.
The deals start at 5.94 per cent at 60 per cent LTV and go up to 6.29 per cent at 90 per cent LTV.
They come with a product fee of £995, with loan sizes between £5,000 and £1m available.
Early repayment charges of three per cent in the first year, then two per cent and then one per cent also apply.
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.
