Clydesdale Bank has announced it will be withdrawing its 75% loan-to-value (LTV) exclusives.

These include the 75% LTV two-year fixed rate at 5.02% and the 75% LTV five-year fixed rate at 4.74%.

The lender will also be launching new residential purchase and buy-to-let (BTL) products.

New products within the exclusive customer BTL range include a two-year fixed rate at 5.60% and a five-year fix at 5.20%. Both are for loans between £500k and £1m with a fee of £1,999.

The residential purchase exclusive has two new products within the range including an 80% LTV two- and five-year fix with rates of 5.06% and 4.78% respectively. Both come with a fee of £1,499.

Meanwhile, Clydesdale Bank will reduce rates across its existing customer residential and BTL products.

The 65% and 75% LTV commercial and industrial fee and fee offer rates will be reduced by 0.10%.

Selected 60% and 75% LTV BTL fee offer rates will be reduced by up to 0.30% while selected BTL rates with a £1,999 fee will be lowered by up to 0.16%.

These product changes will be effective on tomorrow (31 May).