Barclays announce new ten-year fix

Barclays has announced that from tomorrow it will reduce its ten-year fixed rates at 60% and 80% LTV by 30bps to 2.49% and 2.69%.

Related topics:  Finance
Warren Lewis
8th September 2016
barclays

Barclays has announced that from tomorrow it will reduce its ten-year fixed rates at 60% and 80% LTV by 30bps to 2.49% and 2.69%.

The lender also announced that is also making rate cuts across its two, five and seven year fixed rate products.

A new two year fixed rate mortgage is available at 1.33% for residential mortgages up to 60% LTV, previously at 1.35% for remortgage and 1.39% for purchase.

Five and seven year fixed rates now start from 1.99% at 60% LTV.

In a statement, Barclays said: "With over £14 billion worth of fixed rate maturities expected during September, now is the perfect time for those looking to remortgage or purchasing their next property."

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