Clydesdale Bank will cut fixed-rate landlord and residential products by up to 51 basis points and has raised the price on one product, while Santander also lifts and reduces rates.  

Highlights of Clydesdale’s reductions, which come to market tomorrow, include: 

Core residential — including product transfer 

• Selected two- and five-year fixes will be reduced by up to 51bps 

Exclusives 

• Residential purchase and remortgage large loan two- and five-year fixes will be reduced by up to 38bps 

Buy to let 

• Selected 60% loan to value to 75% LTV two- and five-year fixes will be reduced by up to 35bps 

The bank will raise its core residential 90% LTV five-year fix by 19bps to 4.58%. 

Meanwhile, Santander will tomorrow increase selected residential new business home mover and remortgage fixes.  

It will also cut its 60% LTV two-year fixes for home movers, including for new build homes. 

This covers: 

• Residential home mover, including new build – all 85% LTV two- and five-year fixes will rise by up to 4bps 

• Residential remortgage – all 60% LTV five-year fixes will rise by 5bps 

• Residential home mover, including new build – all 60% LTV two-year fixes will be cut by up to 7bps