Clydesdale and Yorkshire Bank have reduced their product range in order to help manage service.
The lenders, which are part of the same group, say they anticipate returning to a wider range of products again by the end of October.
There has been no change to product transfer deals for existing customers.
The following intermediary products are being withdrawn from its residential range today at 8pm:
- Two and five-year fixed rates up to 85 per cent LTV
- Professional five-year fixed rate at 85 per cent LTV
- Newly-qualified professional three-year fixed rate at 85 per cent LTV
- Discounted standard variable rate and offset discounted variable rate up to 80 per cent LTV for less than £1m
The following buy-to-let deals are being withdrawn
- All two and three-year fixed rates up to 80 per cent LTV for less than £1m
- Five-year fixed rates at 60 per cent and 80 per cent LTV for less than £1m
- Fee offer two and five year fixed rates up to 75 per cent LTV
The following residential rates will remain available:
- Two and five-year fixed rates at 75 per cent and 80 per cent LTV with £999 and £1,499 fees
- £1m+ two and five-year fixed rates at 75 per cent and 80 per cent LTV
- £1m+ two-year offset discount variable rates at 80 per cent LTV
- Newly-qualified professional five-year fixed rate at 85 per cent LTV
The following buy-to-let deals will also remain available:
- BTL £1m+ two, three and five-year fixed rates
- BTL five-year fixed rate at 75 per cent LTV with £1,999 fee
A spokesman for the bank says: “We’ve temporarily reduced the range of mortgages we offer to new residential and buy to let customers.
“This will help us improve the service for customers and manage pipeline applications.
“We keep our products under constant review and we anticipate widening our mortgage range again by the end of October.”
