Clydesdale Bank makes mortgage rate changes

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Clydesdale Bank is making a number of rate increases across its mortgage products of up to 0.36%.

Clydesdale’s core 65% – 95% loan-to-value (LTV) 2- and 5-year fixed rates will be increased by up to 0.34%.

Its £1m+ 65% – 85% LTV 2- and 5- year fixed rates are also on the rise being increased by up to 0.24%.

Meanwhile, Clydesdale’s professional and newly qualified professional rates will be increased by up to 0.30%.

On the buy-to-let front, its 2- and 5-year fixes will be increased by 0.36%.

The rate changes take place at 8pm and Clydesdale has advised brokers applying for one of these products on behalf of their customers, to send the application as soon as possible.

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