Clydesdale Bank is launching new buy-to-let fixed rates on Thursday 3 August.
It is also making changes to its existing range, as follows:
Exclusive purchase deals:
- 90% LTV 2 Year Fixed Rate will be reduced by 0.30% to 6.20%.
- 90% LTV 5 Year Fixed Rate will be reduced by 0.10% to 5.75%.
These deals will be available for loan sizes between £300,000 and £600,000.
New and existing customer products:
- New buy-to-let 60% LTV 2 Year Fixed Rate with a £1,999 fee will be launched at 6.72%.
- New buy-to-let 60% LTV 5 Year Fixed Rate with a £2,999 fee will be launched at 6.32%.
- Selected 80% LTV 2 year fixed rates will be reduced by up to 0.10%.
The end dates will move to November of the relevant year.
The lender has also made the following changes:
New and existing customer products:
- 2 Year Offset Discount Variable rates will be increased by 0.50%, starting from 5.74%.
- BTL 75% LTV 2 & 5 Year Fixed Rate Fee Offer products have been withdrawn.
- BTL 60% LTV 2 Year Fixed Rate with £999 fee have been withdrawn.