Clydesdale raising rates by up to 30 bps | Mortgage Strategy

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Clydesdale Bank is launching several new deals tomorrow, as well as increasing rates on some products by up to 30 basis points.

The lender says it will be adding two new fixed rates at 75% LTV to its range.

It is launching a two-year fixed rate at 1.39% and a five-year fixed at 1.49%, both of which come with a £999 fee.

Alongside this the lender will be increasing rates on the following residential products:

  • 75% LTV two-year fixed rate with £999 fee increasing from 1.09% to 1.39%
  • 75% LTV two-year fixed rate with fee-saver increasing from 1.5% to 1.59%
  • 75% LTV five-year fixed rate with £999 fee increasing from 1.19% to 1.49%
  • 75% LTV five-year fixed rate with fee-saver increasing from 1.58% to 1.64%
  • 80% LTV two-year fixed rate with £999 fee increasing from 1.39% to 1.49%
  • 80% LTV five-year fixed rate with £999 fee increasing from 1.71% to 1.75%
  • 80% LTV five-year fixed rate with fee-saver increasing from 1.85% to 1.89%

Clydesdale will also be raising rates on the following buy-to-let deals:

  • 60% LTV five-year fixed rate with £1,999 fee increasing from 1.89% to 2.04%
  • 75% LTV two-year fixed rate with £1,999 fee increasing from 2.25% to 2.4%
  • 75% LTV two-year fixed rate with fee-saver increasing from 2.43% to 2.58%
  • 75% LTV five-year fixed rate with £1,999 fee increasing from 2.28% to 2.43%
  • 75% LTV five-year fixed rate with fee-saver increasing from 2.48% to 2.63%

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