Clydesdale Bank is to reduce its fixed rates on selected mortgage products.

The bank, which is now part of Virgin Money, said the products reduction will be launched on Friday (3 November).

The products include purchase deals, professional purchase deals, large loan deals and new and existing customer .

Below are details of the selected products:

Exclusive purchase deals

New 75% LTV 2 Year Fixed Rate will be launched at 5.28%.

New 85% LTV 2 Year Fixed Rate will be launched at 5.56%.

New 85% LTV 5 Year Fixed Rate will be launched at 5.02%.

These deals are available for loan sizes between £300,000 and £600,000.

Exclusive Professional purchase deals

New 75% LTV 2 Year Fixed Rate will be launched at 5.61%.

New 75% LTV 5 Year Fixed Rate will be launched at 5.09%.

These deals are available for loan sizes between £150,000 and £1m.

Exclusive large loan deals

65% LTV 2 Year Fixed Rate will be reduced by 0.13% to 5.40%

75% LTV 2 Year Fixed Rate will be reduced by 0.25%, to 5.50%.

65% LTV 5 Year Fixed Rate will be reduced by 0.24% to 4.95%.

75% LTV 5 Year Fixed Rate will be reduced by 0.22% to 5.04%.

These deals are available for loan sizes between £1m and £2m.

New and existing customer products

Selected 2 year fixed rates will be reduced by up to 0.26%.

Selected 5 year fixed rates will be reduced by up to 0.22%.

Selected Professional and Newly Qualified Professional fixed rates will be reduced by up to 0.18%.