Barclays announce rate cuts across resi and BTL ranges

Barclays has announced that it has launched new residential fixed rate products as well as cutting rates by up to 13bps across its residential and buy-to-let product ranges.

Related topics:  Finance
Warren Lewis
15th February 2018
barclays

From today, new fixed rates include a two-year product at 1.50% and a five-year rate at 2.10%, both available up to 80% LTV for purchase and remortgage with a £999 fee.

Existing two-year fixed rates have been reduced by up to 10bps and are now available from 1.63% up to 60% LTV, 1.73% at 75% LTV, and 1.93% at 85% LTV, all with no product fee.

The Bank's four-year fixed rate at 75% LTV has been reduced to 1.92% for existing customers rate switching or doing a further advance.

Five-year fixed rate buy-to-let products at 75% LTV have been reduced by 10bps and now start from 2.69% with a £1,950 product fee or 3.09% fee-free.

Five-year fixed rates have also been reduced for homemovers, available at 1.93% up to 75% LTV with an £899 product fee.

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