The changes will include:
- 1.44% 2 Year Fixed, 65% LTV
- 3.35% 2 Year Fixed, 90% LTV (£999 fee)
- 3.73% 2 Year Fixed, 90% LTV (fee free)
- 3.99% 5 Year Fixed, 90% LTV (fee reduced from £999 to £0)
Barclays has also made a reduction to its 75% LTV Great Escape 2 year fixed rate by 0.54% to 2.35% and increasing the LTV to 80%.
Andy Gray, Managing Director of Mortgages for Barclays, said: “We are anticipating demand for fixed rates to remain strong during the spring months, traditionally a period of increased house buying activity. As part of these new competitive rates, we have reduced the fixed rates on the 85 and 90% LTV products which will enable first time buyers and those with smaller deposits to get on, and move up, the property ladder.”
