Clydesdale Bank is introducing new mortgage products on Tuesday 13 February.

The new deals are as follows:

Exclusive residential deals:

• New Interest Only £1m-£2m 65% and 75% LTV 2 and 5-year fixed rates will be launched from 4.18%.
• Selected purchase and remortgage fixed rates will have their minimum loan size reduced to £150,000.

New and existing residential customer products:

• Selected 95% LTV 2 and 5 year fixed rates will be reduced by up to 0.30%.

Professional products:

• Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.60%.
• Selected Professional fixed rates will have their minimum loan size reduced to £100,000.

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

The bank is also making these changes at 8pm on Monday 12 February:

• Selected residential fixed rates will be increased by up to 0.20%.
• Selected Professional and Newly Qualified Professional fixed rates will be withdrawn.
• Exclusive 65% LTV residential purchase fixed rates will be withdrawn.