Clydesdale Bank has made changes to several of its products, effective from 8pm today.
The adjustments will see increases in fixed rates for a range of loan-to-value (LTV) mortgages and buy-to-let (BTL) products, as well as for product transfers.
Specifically, selected fixed rates for 65-90% LTV mortgages will increase by up to 0.31%.
Furthermore, 85-90% LTV Professional and Newly Qualified Professional fixed rates will see an increase of 0.10%.
The bank has also announced hikes for selected 65-75% LTV Exclusive £1-2m fixed rates and 65-85% LTV £1m+ fixed rates, both of which will rise by up to 0.31%.
Additionally, BTL fixed rates for 60-75% LTV will be raised by 0.20%.
The same rate increases will apply to product transfers.
Clydesdale Bank is urging mortgage brokers to send in applications on behalf of their customers as soon as possible if they’re considering any of these products.
