Clydesdale Bank has cut rates across its residential and buy-to-let mortgage ranges by as much as 96 basis points.

The lender says highlights include:

90% loan to value two and five-year fixed-rate loans cut by up to 96bps.

85% LTV two and five-year fixed-rate deals reduced by up to 23bps.

80% LTV two and five-year fixed-rate offers cut by up to 50bps.

Selected 75% LTV two and five-year fixed-rate loans reduced by up to 19bps

Professional and newly qualified professional 85% to 90% LTV two and five-year fixed-rate loans cut by up to 51bps.

Selected BTL two and five-year fixed-rate offers, with £1,999 fee, reduced by up to 60bps.

And BTL two and five-year fee-offer fixed-rate deals reduced by 36bps.

Earlier this month, Clydesdale Bank, which owns Virgin Money, cut its residential mortgages in its core, professional and newly qualified professionals ranges by up to 28bps.