Barclays cuts fixed rates

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Barclays is cutting mortgage rates tomorrow (8 July) across its two, three, five and 10-year fixed, low LTV range.  

In addition, there are new and reduced ‘Rate Switch’ products.

New deals include:

  • Two-year fixed at 1.35%, 60% LTV (remortgage and rate switch)
  • Five-year fixed at 2.14%, 60% LTV (remortgage only)

Craig Calder, director of mortgages for Barclays, said: “These changes to our fixed range of mortgage products demonstrates that Barclays, as a responsible lender, is continuing to offer home buyers and movers with even more choice, all supported by robust lending criteria.”