Clydesdale Bank has announced that it will be increasing rates across a number of products.

The changes will take place on Tuesday 19 March.

The details are as follows:

New and existing residential customer products

• Selected two and five-year 65% & 75% LTV fixed rates will be increased by up to 0.13%.

Professional products:

• Two-year 75% LTV fixed rate will be increased by 0.05%.

Exclusive residential deals:

• Selected two and five-year fixed rate products will be increased by up to 0.10%.

Clydesdale Bank is also reducing selected products across its buy-to-let and interest-only ranges:

New and existing buy-to-let customer products:

• Selected two and five-year fixed rate buy-to-let products will be reduced by 0.30%.

New and existing customer products:

• Selected two and five-year 80% LTV fixed rate products will be reduced by 0.05%.

The end dates will move to June of the relevant year.