Clydesdale Bank is set to reduce rates on several of its mortgage products, effective from tomorrow, Friday 30th August.

These changes will affect a variety of ranges, including core residential, exclusive remortgage, and buy-to-let (BTL) products, among others.

In the core residential category, selected 2-year and 5-year fixed rates will see reductions of up to 0.42%, with rates starting from 4.11%.

Clydesdale also introduced products under its exclusive product transfer range.

These include new 65% loan-to-value (LTV) 2- and 5-year fixed-rate mortgages, with rates starting from 4.06%.

Additionally, the bank lowered rates on its exclusive remortgage products by up to 0.14%.

A new 65% LTV 5-year fixed-rate mortgage will also be launched under this category, starting at 3.99%.

For those interested in exclusive purchase products, Clydesdale will reduce selected 2-year and 5-year fixed rates by up to 0.25%, with rates beginning at 4.19%.

The exclusive large loan category will see reductions of up to 0.14%, with rates starting from 4.31%.

The professional products range will not be left out, with selected 2-year and 5-year fixed rates set to decrease by up to 0.16%, starting at 4.29%.

Meanwhile, Clydesdale’s buy-to-let products will also benefit from rate cuts, with selected 2- and 5-year fixed rates being reduced by up to 0.20%.