Barclays cuts rates for existing customers

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Mortgage Soup
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Barclays is making changes to its EMC (existing mortgage customer) products.

All the changes are effective from Friday 21 February.

The details are as follows:

Residential:

  • 4.60% EMC Reward two-year fixed rate, £0 product fee, 60% LTV, Min loan £1k, Max loan £2m, will decrease to 4.43%
  • 4.52% EMC Reward two-year fixed rate, £999 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.40%
  • 4.89% EMC Reward two-year fixed rate, £0 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.61%
  • 5.09% EMC Reward two-year fixed rate, £999 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.82%
  • 5.52% EMC Reward two-year fixed rate, £0 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 5.06%
  • 6.02% EMC Reward two-year fixed rate, £0 product fee, Over 85% LTV, Min loan £1k, Max loan £2m, will decrease to 5.82%
  • 4.87% EMC Reward five-year fixed rate, £999 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.57%
  • 4.97% EMC Reward five-year fixed rate, £0 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.70%

Buy-to-let:

  • 4.70% EMC Reward buy-to-let two-year fixed rate, £1795 product fee, 65% LTV, Min loan £5k, Max loan £1m, will decrease to 4.40%
  • S.15% EMC Reward buy-to-let two-year fixed rate, £0 product fee, 65% LTV, Min loan £5k, Max loan £1m, will decrease to 4.78%
  • S.01% EMC Reward buy-to-let two-year fixed rate, £1795 product fee, 75% LTV, Min loan £5k, Max loan £1m, will decrease to 4.55%
  • S..45% EMC Reward buy-to-let two-year fixed rate, £0 product fee, 75% LTV, Min loan £5k, Max loan £1m, will decrease to 5.05%
  • 4.57% EMC Reward buy-to-let five-year fixed rate, £0 product fee, 65% LTV, Min loan £5k, Max loan £1m, will decrease to 4.50%

New products: 

  • 5.01% EMC Reward two-year fixed rate, £999 product fee, 90% LTV, Min loan £1k, Max loan £2m
  • 5.22% EMC Reward two-year fixed rate, £0 product fee, 90% LTV, Min loan £1k, Max loan £2m
  • 4.67% EMC Reward five-year fixed rate, £999 product fee, 90% LTV, Min loan £1k, Max loan £2m
  • 4.75% EMC Reward five-year fixed rate, £0 product fee, 90% LTV, Min loan £1k, Max loan £2m