Clydesdale Bank has announced cuts to a range of mortgage rates, offering some potential savings for homebuyers and those looking to remortgage.

From tomorrow, July 30th, borrowers can take advantage of these reduced rates. Here’s a breakdown of the changes:

Professionals Secure Top Deals

Clydesdale is offering professionals the biggest discounts, with some two and five-year fixed-rate deals cut by as much as 0.32%. These mortgages now start from a competitive 4.57%.

The bank has also introduced a new two-year fixed-rate mortgage specifically for newly qualified professionals, offering a 95% loan-to-value option.

Homebuyers and Remortgagers Benefit Too

It’s not just professionals who stand to gain. Clydesdale has reduced rates across its core residential range, with selected two and five-year fixed-rate mortgages now cheaper by up to 0.12%. This means rates on these mortgages now start from 4.34%.

Those looking to remortgage can also bag a bargain, with exclusive two and five-year fixed rates lowered by up to 0.10%, with rates starting from 4.44%.

For those buying a home, Clydesdale’s exclusive purchase two and five-year fixed rates have seen cuts of up to 0.07%, meaning starting rates from 4.56%.

Big Loans Get Rate Cuts

Finally, if you’re looking for a large loan, Clydesdale has cut selected two and five-year fixed rates by up to 0.12%. These mortgages now start from 4.50%.