Clydesdale Bank has made a series of rate cuts and increases, with products aimed at first-time buyers receiving the former.

The following cuts at 95% LTV have taken place:

• The two-year fix with £999 fee going from 2.95% to 2.68% – a 27 basis point cut
• The five-year fix with £999 fee going from 3.16% to 3.01% – a 15 basis point cut
• The two-year fix being cut from 2.67% to 2.58% – a 9 basis point reduction
• The five-year fix receiving a cut from 3.08% to 2.91% – a 17 basis point difference

At 90% LTV, the two-year fix with £999 has received the most attention, with a 30 basis point decrease taking its rate from 2.28% to 1.98%.

The professional two-year fix has also had 30 basis points removed, going from 2.23% to 2.93%.

And at 85% LTV, the lender has cut rates by up to 11 basis points.

Rate increases of up to 5 basis points take place on two-year fixes at 75% LTV, while five-year fixes have gone up by 10 basis points.