Barclays to cut residential and buy-to-let rates

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Barclays is reducing rates on a range of residential and buy-to-let products tomorrow (Thursday 4 July).

It is also reducing rate on some Premier Exclusive products.

Changes are as follows:

Residential

Purchase/Remortgage

  • 1.42% 2 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan now £2,000,000
  • 1.59% 2 Year Fixed, £299 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.55%
  • 1.52% 2 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.48%
  • 1.79% 5 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.78%
  • 1.88% 5 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.83%

Buy-to-let

Purchase/Remortgage

  • Premier 1.46% 2 Year Fixed, £1,795 product fee, 65% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.41%
  • Premier 2.03% 5 Year Fixed, £1,795 product fee, 65% LTV, Min loan £35,000, Max loan £2,000,000 will decrease to 2.00%
  • 1.47% 2 Year Fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.42%
  • 2.28% 2 Year Fixed, £0 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.21%
  • 2.04% 5 Year Fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £500,000 will decrease to 2.01%
  • 2.25% 5 Year Fixed, £1,795 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.24%

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