Clydesdale Bank has lowered selected residential, large loan, professional and buy-to-let products by up to 0.47 per cent.
The changes from Clydesdale come into effect from today. New and existing residential customer products, selected two and five-year fixed rates will fall by up to 0.21 per cent along with selected two and five-year interest-only fixed rates.
On the exclusive residential large loan side, which are available for loan sizes between £1m and £2m, select two and five-year fixed rates will decrease by up to 0.21 per cent as well.
Within its exclusive purchase and remortgage deals, purchase two and five-year fixed rates will be cut by up to 0.47 per cent, beginning from 4.27 per cent.
Two and five-year fixed remortgage rates will decrease by around 0.33 per cent with pricing starting from 4.6 per cent.
Selected professional and newly qualified professional fixed rates will be reduced by up to 0.21 per cent, now beginning from 4.9 per cent.
Within its buy-to-let range, five-year fixed rates will be reduced by up to 0.3 per cent and selected existing customer two and five-year fee-saver fixed rates will be reduced by up to 0.32 per cent.
Just before the Christmas break, Mortgage Solutions reported that Clydesdale Bank updated its product switching policy for pipeline cases to give brokers more flexibility.
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.
