Clydesdale Bank is cutting residential fixed rates from today, January 26.

Selected core residential two year and five-year fixed rates between 65% and 95% LTV – both new to bank and product transfer – are cut by up to 0.45%.

Selected professional and newly qualified professional two- and five-year fixed rates are reduced by up to 0.29%.

Purchase exclusive two- and five-year fixed rates are reduced by up to 0.30%.

Large loan residential purchase and remortgage exclusive two-year fixed rate at 50% LTV are down 0.07% from today.

Fee offer residential purchase and remortgage exclusive two-year fixed rate at 80% LTV are reduced by 0.19%.

Meanwhile buy to let purchase exclusive two-year fixed rate at 60% LTV will be reduced by 0.10%.

And selected BTL two and five- year product transfer rates are down by up to 0.10%