Barclays to cut Scotland Help to Buy rates

Published on

Barclays Mortgages is making changes to its Scotland Help to Buy products on 31 May.

As well as reducing rates, Barclays is also extending the end dates on these products to 31 October .

It is also extending the fixed rate end dates on all its Reward range products (residential and buy-to-let) to 31 October.

Changes are as follows:

Residential

Purchase

  • 1.71% Scotland Help to Buy two-year fixed rate, £499 product fee, 80% LTV, Min loan £25,000, Max loan £160,000 will decrease to 1.65%
  • 1.99% Scotland Help to Buy two-year fixed rate, £0 product fee, 80% LTV, Min loan £25,000, Max loan £160,000 will decrease to 1.86%
  • 2.17% Scotland Help to Buy five-year fixed rate, £499 product fee, 80% LTV, Min loan £25,000, Max loan £160,000 will decrease to 2.07%
  • 2.29% Scotland Help to Buy five-year fixed rate, £0 product fee, 80% LTV, Min loan £25,000, Max loan £160,000 will decrease to 2.13%

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

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...