Barclays to cut Scotland Help to Buy rates

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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%

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