Clydesdale Bank to raise selected residential and buy-to-let rates

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Clydesdale Bank will increase a range of residential and buy-to-let fixed rates from Friday 13 March.

The lender said selected residential fixed rates across purchase, remortgage and product transfer deals will rise by up to 0.36%.

That includes core residential purchase and remortgage products, core residential product transfer rates and professional residential fixed rates across two-year and five-year terms.

Clydesdale Bank also said its two-year and five-year fixed rate newly qualified professional products will increase by 0.35%.

Among broker residential exclusive products, two-year and five-year fixed rate purchase exclusives will rise by 0.35%, while remortgage exclusives will increase by up to 0.36%.

Its two-year and five-year fixed rate large loan exclusives will rise by 0.35%, while purchase and remortgage fee offer exclusives will increase by 0.10%.

On the buy-to-let side, selected core purchase and remortgage fixed rates will increase by up to 0.15%, with selected core buy-to-let product transfer rates also rising by up to 0.15%.

The lender added that its broker buy-to-let exclusive five-year fixed rate purchase deal will increase by 0.10%.

Clydesdale Bank also said it is changing its end dates to 30 June of the relevant year.

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