Barclays reintroduces 85% LTV mortgages

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Barclays Mortgages had made changes across its residential and Reward ranges, following the confirmation that property valuation partners have recommenced physical property assessments.

It has reintroduced a selection of new 85% LTV fee free two and five-year fixed rates back into its residential remortgage and purchase ranges.

In addition, further advances are now available up to 85% LTV for existing Barclays mortgage customers through the Reward range. In addition, Barclays has cut rates by up to 0.11 percentage points on two of its existing 85% LTV fee-free fixed rates.

Key product changes:

  • A new 2.05% Great Escape two-year fixed, £0 product fee, 85% LTV
  • A new 2.15% Great Escape five-year fixed, £0 product fee, 85% LTV
  • 2.16% Reward range two-year fixed, £0 product fee, 85% LTV – reducing to 2.05%