Clydesdale Bank raises mortgage rates across multiple product lines

Clydesdale Bank has introduced a number of rate changes to its mortgage offering, effective from today, Wednesday 23 October.

For core residential products, selected 2- and 5-year fixed rates with a loan-to-value (LTV) between 65% and 80% will see increases of up to 0.25%.

In its exclusive range, the product transfer fixed rate at 65% LTV for 2-years will increase by 0.20%.

Selected remortgage fixed rates for 2- and 5-years will go up by up to 0.10%, and selected 5-year fixed rates for purchases at 80% to 85% LTV will increase by up to 0.10%.

Large loan fixed rates for 2- and 5-years will also increase by up to 0.25%.

For professional products, selected 2- and 5-year fixed rates will rise by up to 0.20%, while the lender’s 2-year residential discount offset rates will increase by 0.25%.

Additionally, 5-year fixed rates for buy-to-let products at 60% to 75% LTV will see increases of up to 0.10%.

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