Clydesdale Bank is implementing a series of rate reductions across its mortgage range, with new pricing to take effect from Wednesday 18th June.
The cuts apply to selected residential, professional and buy-to-let (BTL) products, including purchase, remortgage, and product transfer deals.
For core residential customers, 2- and 5-year fixed rates at 65% to 85% loan-to-value (LTV) will be reduced by up to 0.16%, while those at 90% to 95% LTV will see reductions of up to 0.20%.
In the Exclusives range, the 95% LTV 2-year purchase product will be cut by up to 0.23%, and 85% LTV 2- and 5-year remortgage deals by up to 0.19%. A 65% LTV 2-year existing customer product transfer exclusive will be lowered by 0.05%.
Professional and newly qualified professional applicants will benefit from rate reductions of up to 0.25% on selected 85% to 95% LTV products. In addition, maximum loan sizes on professional products are being increased.
In the BTL range, the 75% LTV 2-year product will be cut by 0.20%, with 2-year fee offer rates also becoming available to new customers.
