Clydesdale has cut rates by up to 30 basis points on a range of residential deals as well as launching a new 90% LTV intermediary exclusive.

The lender is offering a two-year fixed at 2.45% up to 90% LTV with a £1,999 fee and a free valuation.

It has also reduced the rate on its five-year fixed at 90% LTV with a £1,999 fee from 3.19% to 2.89%.

The following residential deals are also being reduced:

• Two-year fixed rate at 75% LTV with no fee reduced from 1.68% to 1.50%
• Five-year fixed rate at 75% LTV  with no fee reduced from 1.72% to 1.58%
• Two-year fixed rate at 80% LTV with no fee  reduced from 2.23% to 2.05%
• Five-year fixed rate at 80% LTV with £999 fee reduced from 2.05% to 1.91%
• Two-year fixed professional 85% LTV rate with no fee reduced from 2.45% to 2.15%
• Two-year fixed London & South East rate at 90% LTV for loans less than £750k with £999 fee reduced from 3.42% to 3.12%
• Five-year fixed London & South East rate at 90% LTV for loans less than £750k with £999 fee reduced from 3.66% to 3.36%