Clydesdale Bank will cut rates on a range of residential products for new and existing borrowers by up to 20 basis points tomorrow (6 September).  

Highlights include:  

New and existing customer products  

• Professional two-year fixes will be reduced by up to 10bps, starting from 6.25%  
• Professional five-year fixes will be reduced by up to 17bps, starting from 5.45%  
• Newly qualified professional 85% loan to value to 95% LTV two-year fixed rates will be reduced by up to 20bps, starting from 6.60%  
• Newly qualified professional 85% LTV and 90% LTV five-year fixes will be reduced by 10bps, starting from 6.15%  
• Selected two-year fixes will be reduced by up to 20bps  
• Selected five-year fixes will be reduced by 10bps  

Exclusive remortgage deals  

• 80% LTV five-year fixes will be reduced by 10bps to 5.59%.  

These deals are available for loan sizes between £200,000 and £1.5m.  

Exclusive large loan deals  

• 65% and 75% LTV two-year fixes will be reduced by up to 10bps, starting from 5.98%  
• 65% LTV five-year Fixes will be reduced by 10bps to 5.39%  

These deals are available for loan sizes between £1m and £2m.