Clydesdale Bank has made a series of changes to some of its fixed rate mortgages and added a new two-year product.

The biggest rate reductions equate to 0.10 per cent and are present on new business mortgages. They consist of the 75 per cent two-year fix, which is now set at 1.79 per cent, the 75 per cent LTV five-year fix, which has been reduced to 1.89 per cent, the 85 per cent LTV five-year professional fix, which is now 2.99 per cent and the 85 per cent LTV five-year newly qualified professional, which is set at 3.19 per cent.

The new mortgage is for new business and comprises a two-year fix available at up to 85 per cent LTV and is set at 2.69 per cent.

Rate increases of 0.40 per cent have been applied to a selection of mortgages for existing customers.

The 85 per cent LTV two-year fix is now 2.69 per cent, the 90 per cent LTV two-year fix with £999 fee is 2.79 per cent, and the 90 per cent LTV two-year fix with £1,499 fee has been upped to 2.99 per cent.

Clydesdale will be making the changes from 8pm today, it says.