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Clydesdale Bank has cut selected residential rates among its new customer and product transfer ranges.

The bank says its new customer product changes cover:

Capital and Interest 75% to 90% loan-to-value two and five-year fixed-rate offers, with a £999 fee, have been reduced by up to 25 basis points, available from 5.44%.

Loans at £1m-plus 65% to 85% LTV two and five-year fixes are down by up to 25bps, available from 5.59%.

Interest only 75% to 80% LTV two and five-year fixed-rate deals have been cut by up to 25bps, available from 5.69%.

And professional and newly-qualified professional two and five-year fixed-rate loans have been reduced by up to 15bps, available from 5.79%.

Its new customer products changes cover:

Loans between 65% to 95% LTV, with a £499 fee, are down by up to 25bps, available from 5.38%.

And 65% to 95% LTV fee saver rates have been cut up to 30bps, available from 5.60%.

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