Seven year fix range announced at Barclays

Barclays has announced that as of tomorrow it will launch a new seven year fixed rate range for rate switchers.

Related topics:  Finance
Warren Lewis
14th December 2015
barclays

The seven year fix starts from 2.99% up to 75% LTV, with a £999 fee.

Barclays has also introduced a 1.57% 2 year fix at 60% LTV and a 3.13% 2 year fix at 80% LTV.

Other two year fixed rate changes include:

- 1.57% 2 Year Fixed, 60% LTV, £999 fee
- 1.79% 2 Year Fixed, 70% LTV, £999 fee,
- 2.39% 2 Year Fixed, 80% LTV, £0 fee

New five year fixed rates include a 3.13% 80% LTV with no fee

Barclays is also introducing a new three year tracker large loan between £1m - £3m. The tracker starts at 1.65% (BBBR+ 0.50% + 1.15%) at 65% LTV with a £1999 fee.

Additionally, it is reducing the minimum loan size on all buy-to-let products to £35k.

Large loan rate switch products (£1m - £5m) include:

- 1.99% 2 year, 70% LTV,£1999 fee
- 2.85% 2 year, 80% LTV, £1999 fee
- 3.59% Lifetime Offset 70% LTV, 3.59%, £1999 fee
- 1.67% 2 Year Tracker, 65% LTV, £1999 fee
- 1.79% 2 Year Tracker, 70% LTV, £1999 fee

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