Barclays to cut residential purchase, remortgage and Reward rates

Published on

Barclays is reducing mortgage rates across a range of products.

The changes will be effective from tomorrow (14 March).

The changes are as follows:

Residential:

Purchase Only

  • 4.72% 2 Yr Fixed  £1999 product fee, 85% LTV, Min loan £2m, Max loan £5m, will decrease to 4.67%
  • 4.76% 5 Yr Fixed  £1999 product fee, 85% LTV, Min loan £2m, Max loan £5m, will decrease to 4.63%

Purchase and Remortgage

  • 4.32% 2 Yr Fixed  £1999 product fee, 60% LTV, Min loan £2m, Max loan £10m, will decrease to 4.21%
  • 4.52% 2 Yr Fixed  £1999 product fee, 70% LTV, Min loan £2m, Max loan £10m, will decrease to 4.36%
  • 4.62% 2 Yr Fixed  £1999 product fee, 75% LTV, Min loan £2m, Max loan £5m, will decrease to 4.52%
  • 4.53% 5 Yr Fixed  £1999 product fee, 60% LTV, Min loan £2m, Max loan £10m, will decrease to 4.28%
  • 4.61% 5 Yr Fixed  £1999 product fee, 70% LTV, Min loan £2m, Max loan £10m, will decrease to 4.37%
  • 4.66% 5 Yr Fixed  £1999 product fee, 75% LTV, Min loan £2m, Max loan £5m, will decrease to 4.47%

Existing Customer Reward Range:

  • 4.20% EMC Reward 2 Year Fixed £999 product fee, 60% LTV, Min loan £1k, Max loan £2m, will decrease to 4.06%
  • 4.43% EMC Reward 2 Year Fixed £0 product fee, 60% LTV, Min loan £1k, Max loan £2m, will decrease to 4.36%
  • 4.40% EMC Reward 2 Year Fixed £999 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.26%
  • 4.61% EMC Reward 2 Year Fixed £0 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.48%
  • 4.82% EMC Reward 2 Year Fixed £999 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.75%
  • 5.06% EMC Reward 2 Year Fixed £0 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.97%
  • 5.01% EMC Reward 2 Year Fixed £999 product fee, 90% LTV, Min loan £1k, Max loan £2m, will decrease to 4.98%
  • 5.22% EMC Reward 2 Year Fixed £0 product fee, 90% LTV, Min loan £1k, Max loan £2m, will decrease to 5.19%
  • 4.12% EMC Reward 5 Year Fixed £999 product fee, 60% LTV, Min loan £1k, Max loan £2m, will decrease to 3.98%
  • 4.26% EMC Reward 5 Year Fixed £0 product fee, 60% LTV, Min loan £1k, Max loan £2m, will decrease to 4.14%
  • 4.20% EMC Reward 5 Year Fixed £999 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.16%
  • 4.32% EMC Reward 5 Year Fixed £0 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.25%
  • 4.57% EMC Reward 5 Year Fixed £999 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.44%
  • 4.70% EMC Reward 5 Year Fixed £0 product fee, 85% LTV, Min loan £1k, Max loan £2m, will decrease to 4.66%
  • 4.67% EMC Reward 5 Year Fixed £999 product fee, 90% LTV, Min loan £1k, Max loan £2m, will decrease to 4.64%
  • 4.86% EMC Reward 2 Year Tracker £999 product fee, 75% LTV, Min loan £1k, Max loan £2m, will decrease to 4.80%
  • 4.23% EMC Reward 2 Year Fixed £1999 product fee, 70% LTV, Min loan £2m, Max loan £10m, will decrease to 4.21%
  • 4.47% Rate Switch only EMC Reward 2 Year Fixed £1999 product fee, Over 70% LTV, Min loan £2m, Max loan £10m, will decrease to 4.36%
  • 4.45% Rate Switch only EMC Reward 5 Year Fixed £1999 product fee, Over 70% LTV, Min loan £2m, Max loan £10m, will decrease to 4.37%

Latest POLL

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

Bridge Help appoints new business development manager

Bridge Help has expanded its team with the appointment of Lisa Griffiths as a...

UK house prices still 7 x average earnings as buyers surge ahead of stamp duty hike

The average UK house price remains over seven times the average of individuals' annual...

House prices post full house of consecutive quarterly growth

The property market finished 2024 on the front foot with the UK market as...

Keystone Property Finance issues 10bps rate reductions

Keystone Property Finance has reduced a selection of its buy-to-let rates by 10 basis...

Other news

Bridge Help appoints new business development manager

Bridge Help has expanded its team with the appointment of Lisa Griffiths as a...

UK house prices still 7 x average earnings as buyers surge ahead of stamp duty hike

The average UK house price remains over seven times the average of individuals' annual...

House prices post full house of consecutive quarterly growth

The property market finished 2024 on the front foot with the UK market as...