Principality will increase selected mortgage rates by up to 20 basis points, while Clydesdale will raise selected product transfer rates by up to 19bps.

Coventry for intermediaries will cut all fixed rates across its residential, buy-to-let and limited company buy-to-let ranges on Wednesday, although it has not revealed the size of the reductions.

Principality’s largest increase will apply to its two-year fixed Help to Buy Wales product at 75% LTV, which will rise by 20bps.

Across its residential range, selected two-year fixed rates at 65%, 75%, 80% and 85% LTV will increase by up to 15bps.

Two and three year fixed rates at 90% LTV will rise by up to 14bps, while selected five-year fixes will increase by up to 10bps.

The same changes will apply to Principality’s CIS six-month and one-year self-employed products.

Within its cashback range, selected two-year fixed rates will rise by up to 15bps and selected five-year fixes by up to 6bps.

Principality will also increase selected five-year fixed buy-to-let rates by up to 15bps at 60% LTV and by up to 10bps at 75% LTV.

Selected Holiday Let rates will rise by 10bps, while Joint Borrower Sole Proprietor rates will increase by up to 15bps.

The lender will make one reduction, cutting its five-year fixed Holiday Let product at 65% LTV with a £1,395 fee by 2bps.

Meanwhile, Clydesdale will increase selected two and five year fixed Core Residential product transfer rates by up to 19bps on Tuesday.