Clydesdale Bank announces mortgage rate hikes

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Clydesdale Bank is increasing the rates on a number of different mortgage products on 2 December 2024.

Products affected fall with the bank’s core residential, exclusive, professional and buy-to-let ranges.

The changes are as follows:

Core residential (including product transfer)

  • 90% LTV 2 Year Fixed Rate with £999 fee will increase by 0.10% to 5.35%
  • 95% LTV 2 Year Fixed Rate fee-saver will increase by 0.20% to 5.78%
  • 95% LTV 2 Year Fixed Rate with £999 fee will increase by 0.14% to 5.54%
  • 90% LTV 5 Year Fixed Rate fee-saver will increase by 0.09% to 5.04%
  • 90% LTV 5 Year Fixed Rate with £999 fee will increase by 0.05% to 4.90%
  • 95% LTV 5 Year Fixed Rate fee-saver will increase by 0.30% to 5.54%
  • 95% LTV 5 Year Fixed Rate with £999 fee will increase by 0.10% to 5.29%

Exclusives

  • 90% LTV 5 Year Purchase Exclusive will increase by 0.07% to 4.85%

Professional products

  • Professional 90% LTV 2 Year Fixed Rate will increase by 0.10% to 5.39%
  • Professional 90% LTV 2 Year Fixed Rate will increase by 0.09% to 4.99%
  • NQP 95% LTV 2 Year Fixed Rate will increase by 0.20% to 5.83%
  • NQP 90% LTV 5 Year Fixed Rate will increase by 0.09% to 5.09%
  • NQP 95% LTV 5 Year Fixed Rate will increase by 0.30% to 5.59%

Buy-to-let (including product transfer)

  • 60%-75% LTV 2 year fixed rates will increase by 0.10%

The end dates will move to 31 March of the relevant year.

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