Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday, 15 September, with increases across its core residential, exclusive, professional and buy-to-let products.

The lender confirmed that core residential fixed rates will rise by as much as 0.35%. Among the changes, 65% loan-to-value (LTV) two- and five-year fixes will increase by up to 0.16%, while 75% LTV equivalents will rise by up to 0.10%.

At 80% LTV, two- and five-year fixes will increase by up to 0.35%.

Fee-saver products at 85% and 90% LTV will see smaller uplifts of 0.05%, moving to 4.83% and 4.84% respectively.

At 95% LTV, two- and five-year fixed products with a £999 fee will increase by up to 0.10%.

EXCLUSIVE RATES

The bank is also increasing rates on selected residential remortgage products between 75% and 80% LTV by up to 0.24%. Residential purchase exclusives at 85% and 95% LTV will rise by up to 0.15%, while large loan exclusives in the £1m–£3m bracket will increase by up to 0.16%.

PROFESSIONAL AND BUY-TO-LET

Professional mortgages are also affected, with the 65% LTV two-year fix increasing by 0.20% to 4.35%. Meanwhile, selected buy-to-let products between 60% and 75% LTV will rise by up to 0.15%.

Brokers have until 8pm on Sunday, 14 September, to submit applications for existing rates.