Clydesdale is hiking rates on a number of products by up to 25 basis points later today.
It comes after Nationwide Building Society raised rates by up to 65 bps on a range of deals this morning.
Clydesdale’s will be making the following increases from 5pm today:
- Two-year fixed rate at 75 per cent LTV with no fee will be increased from 1.52 to 1.63 per cent.
- Five-year fixed rate at 80 per cent LTV with no fee will be increased from 1.88 to 2.03 per cent
- Five-year fixed rate at 85 per cent LTV with no fee will be increased from 2.29 to 2.43 per cent
- Five-year fixed rate at 85 per cent LTV with £1,499 or £999 fee will be increased from 2.19 to 2.25 per cent
- Professionals five-year fixed rate at 85 per cent LTV with no fee will be increased from 2.19 to 2.36 per cent
- Newly-qualified professionals five-year fixed rate at 85 per cent LTV will be increased from 2.49 to 2.56 per cent
For existing customers the following product transfer deals are increasing:
- Newly-qualified professionals two-year fixed rate at 90 per cent LTV will be increased from 2.19 to 2.44 per cent
- Professionals five-year fixed rate at 90 per cent LTV with no fee will be increased from 2.34 to 2.56 per cent
- Newly-qualified professionals five-year fixed rate at 90 per cent LTV will be increased from 2.54 to 2.76 per cent
