Clydesdale Bank has announced rate reductions across various mortgage products starting tomorrow (5th January), as it joins industry peers such as Halifax, HSBC, TSB, and First Direct in making cuts.
The bank is cutting rates on select 2- and 5-year fixed and interest only fixed residential mortgages by up to 0.21%.
Exclusive deals for large loans between £1m and £2m are also seeing reductions by the same margin.
Purchase and remortgage rates are being reduced by up to 0.47% and 0.33% respectively, with the latter now starting at 4.60%.
Additionally, rates for Professional and Newly Qualified Professional fixed-rate products are being reduced by up to 0.21%, starting at 4.90%, and buy-to-let 5-year fixed rates are being cut by up to 0.30%.
