Clydesdale Bank is set to increase rates across selected products as of tomorrow, Tuesday 19th March.
For both new and existing residential customer products, selected 2- and 5-year 65% and 75% loan-to-value (LTV) fixed rates will be increased by up to 0.13%.
In addition, its 2-year 75% LTV professional fixed rate will be increased by 0.05%, while a number of its 2- and 5-year fixed rate exclusive residential deals will rise by up to 0.10%.
The lender is also reducing selected products across its BTL and Interest Only (IO) ranges.
Across its new and existing BTL customer products, selected 2- and 5-year fixed rate BTL products will be reduced by 0.30%.
Meanwhile, its 2- and 5-year IO 80% LTV fixed rate for both new and existing customers will be reduced by 0.05%.
For brokers currently applying for one of these products on behalf their customer, Clydesdale has urged for applications to be submitted by 8pm today.