Clydesdale will increase selected residential and buy-to-let product transfer rates from Tuesday 14 April, with brokers told to submit applications by 8pm on Monday 13 April to secure existing pricing.

The lender said selected two-year and five-year fixed-rate products within its core residential product transfer range will rise by up to 0.28%.

Selected two-year and five-year fixed-rate products within its core buy-to-let product transfer range will increase by up to 0.63%.

Clydesdale said the changes will take effect on Tuesday 14 April.

Brokers submitting applications for customers on the affected products have until 8pm on Monday 13 April to send them in under current rates.

The lender also said it will change its product end dates to 31 July of the relevant year.