Barclays is making changes across its residential (including Mortgage Guarantee Scheme (MGS) and Green Home Mortgages) and buy-to-let ranges tomorrow (26 May).
Details of the product changes are as follows:
Residential purchase:
- 3.72% two-year fixed £0 fee, 90% LTV, loans £5k – £570k will decrease to 3.22%
- 1.68% five-year fixed £0 fee, 60% LTV, loans £5k – £5m will decrease to 1.52%
- 3.48% five-year fixed £999 fee, 90% LTV, Loans £5k – £570k will decrease to 3.30%
- 3.99% (MGS) two-year fixed £0 fee, 95% LTV, Loans £25k – £570k will decrease to 3.96%
- 4.09% (MGS) five-year fixed £0 fee, 95% LTV, Loans £25k – £570k will decrease to 3.97%
- 3.62% (Green Home) two-year fixed 0 product fee, 90% LTV, Loan £5k – £570k will decrease to 3.12%
Residential Purchase & Remortgage:
- 1.38% two-year fixed £999 fee, 75% LTV, Loans £5k – £2m will decrease to 1.30%
Buy-to-let Purchase:
- New – 2.05% two-year fixed £1295 fee, 75% LTV, Loans 35k – £1m
- New – 2.15% five-year fixed £1295 fee, 75% LTV, Loans £35K – £1m
Buy-to-let Remortgage:
- New – 2.05% two-year fixed £1795 fee, 75% LTV, Loans 35k – £1m
- New – 2.15% five-year fixed £1795 fee, 75% LTV, Loans £35K – £1m
