Barclays announce cuts to BTL fees

Barclays has announced today that they have reduced rates across across their residential and buy-to-let ranges.

Related topics:  Finance
Warren Lewis
17th September 2018
Barclays Bank 774

The lender confirmed that it has also cut all £1,950 buy-to-let fees to £1,795 as well as removing the ERCs on the majority its fee based tracker products.

According to Barclays, new 95% LTV rates now include a two-year fixed rate at 3.06% with a £999 product fee or 3.20% fee-free.

Five-year fixed rate Help to Buy products have seen reductions of up to 13bps and are available at 2.09% with a £749 product fee or 2.24% fee-free, both up to 75% LTV.

Barclays' Green Home mortgages, which provide lower interest rates for homebuyers who buy an energy efficient new build home, have been reduced by up to 14bps, with five-year fixed rates now starting at 2.04% up to 75% LTV and 2.19% at 90% LTV.

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