Clydesdale Bank increases mortgage rates

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Clydesdale Bank is increasing the rates on selected mortgages.

The bank is also launching new products.

These changes come into effect on Tuesday 16 November.

The new products are as follows:

  • 75% LTV two-year fixed rate Full C&I with £999 fee at 1.39%
  • 75% LTV five-year fixed rate Full C&I with £999 fee at 1.49%.

The rate rises are as follows:

  • Selected 75% LTV 2 and five-year fixed rates will be increased by up to 0.30 percentage points
  • Selected 80% LTV 2 and five-year fixed rates will be increased by up to 0.10 percentage points
  • Selected buy-to-let 60% LTV five-year fixed rates will be increased by up to 0.15 percentage points
  • Selected buy-to-let 75% LTV 2 and five-year fixed rates will be increased by up to 0.15 percentage points.

The end dates on the bank’s fixed-term products will move to 31 January of the relevant year.

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