Clydesdale Bank has made a number of mortgage rate reductions, as well as launching an intermediary exclusive 90% loan-to-value (LTV) product.
The 90% LTV 5-year fixed mortgage, at 3.19% with a £1,999 fee, comes with free valuation for purchase customers.
Notable reductions in rates include an 80% LTV 2-year fix cut from 2.28% to 2.23%, without a fee, and an 80% LTV 5-year fix cut from 2.11% to 2.05%, with a £999 fee.
An 85% LTV 2-year fix has been reduced from 2.41% to 2.18%, and an 85% LTV 5-year fix from 2.64% to 2.54% – both deals include a £999 fee.
As well as this, a 90% LTV 2-year fix has been cut from 3.52% to 3.42%, and a 90% LTV 5-year fix from 3.76% to 3.66%, both deals include a £999 fee and are for London and the South East.
Additionally, 2 and 5-year professional fixed rates have been reduced by up to 0.15%.