Barclays introduces three new deals

Published on

Barclays has launched three new fixed rate deals.

The bank said the new mortgages were based on customer feedback.

The new residential deals are as follows:

  • 2.99% three-year fixed, £0 product fee, 95% LTV. Minimum loan £5,000, maximum loan now £375,000 – available for purchase only
  • Great Escape 2.24% two-year fixed, £0 product fee, 90% LTV, Minimum loan £5,000, maximum loan now £375,000 – available for remortgage only

The Great Escape package comes with a non-disclosed valuation, free standard legals and £400 Cashback. If our customer chooses to use their own solicitor, the cashback offered on Great Escape products is £500.

Barclays has also introduced a new, purchase only buy-to-let mortgage. It is a 1.68% two-year fixed, with £1,295 product fee, up to 75% LTV. The minimum loan amount is £35,000, maximum £1,000,000.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Brokers urge 0.25% rate cut to revive housing market

Most mortgage brokers believe a small cut to the Bank of England’s Base Rate...

The Mortgage Works leads limited company BTL market as new leaderboard goes public

The Mortgage Works has been named the UK’s leading lender for limited company buy-to-let...

Residential transactions rise again ahead of Budget

UK property transaction figures for September suggest that market activity continues to recover, with...

CHL Mortgages to host post-Budget analysis webinar for brokers

Brokers seeking clarity on the government’s Autumn Budget will have the chance to hear...

InterBay cuts commercial rates by up to 0.50%

InterBay, the specialist commercial lender within OSB Group, has announced rate reductions of up...

Latest publication

Other news

Brokers urge 0.25% rate cut to revive housing market

Most mortgage brokers believe a small cut to the Bank of England’s Base Rate...

The Mortgage Works leads limited company BTL market as new leaderboard goes public

The Mortgage Works has been named the UK’s leading lender for limited company buy-to-let...

Residential transactions rise again ahead of Budget

UK property transaction figures for September suggest that market activity continues to recover, with...