Barclays makes 95% LTV and BTL rate cuts

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Barclays is making changes to selected products within its 95% LTV (including cashback) purchase range, its buy-to-let range plus its existing customer reward range with new products live tomorrow (23 January).

Changes are as follows:

Residential

Purchase:

  • 3.02% 2-year fixed, £0 product fee, 95% LTV, Min loan £5,000, Max loan £400,000 will decrease to 2.95%
  • 3.55% 2-year fixed, £1000 cashback, £0 product fee, 95% LTV, Min loan £50,000, Max loan £400,000 will decrease to 3.47%
  • 3.40% 5-year fixed, £0 product fee, 95% LTV, Min loan £5,000, Max loan £400,000 will decrease to 3.39%
  • 3.79% 5-year fixed, £1000 cashback, £0 product fee, 95% LTV, Min loan £50,000, Max loan £400,000 will decrease to 3.65%

Buy-to-let

Purchase/Remortgage:

  • 2.34% 2-year fixed, £0 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.30%
  • 2.63% 3-year fixed, £0 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.37%

EMC

  • 2.33% EMC Reward buy-to-let 2-year fixed, £0 product fee, 65% LTV, will decrease to 2.29%
  • 2.62% EMC Reward buy-to-let 3-year fixed, £0 product fee, 65% LTV, will decrease to 2.36%