Clydesdale Bank announced BTL and residential rate rises

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Clydesdale Bank has made changes to its residential and buy-to-let mortgage range.

The changes are effective immediately and are as follows:

  • 75% – 90% LTV two and five-year fixed rates have been increased by up to 0.20 percentage points
  • £1m+ 65% – 85% LTV two and five-year fixed rates have been increased by up to 0.10 percentage points
  • Professional and Newly Qualified Professional two and five-year fixed rates have been increased by up to 0.16 percentage points
  • Selected buy-to-let 60% LTV rates have been increased by 0.15 percentage points.