A no fee version of the 90% LTV product exists with rates cut from 6.29% to 5.69%. The largest cut is on Clydesdale and Yorkshire’s 3-year fixed rate at 95% LTV from 6.99% to 6.19%.
Steve Reid, retail director for Clydesdale Bank, said: “We know that buying your first home can be difficult and we are one of only a few lenders who remain committed to offering 95% LTV mortgages.
“We are focused on ensuring our rates remain competitive and are pleased to be able to introduce new lower rates on our range of mortgages for first-time buyers.”
