Barclays to make buy-to-let rate changes

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Barclays is making changes across its buy-to-let range, including Reward.

This follows its recent revisions to its residential mortgages.

These changes are effective tomorrow (27 February).

New products are as follows:

Purchase/Remortgage

  • 2.33% 2-year fixed, £0 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000
  • 2.41% 5-year fixed, £0 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000

Reductions:

Purchase/Remortgage

  • 1.59% 2-year fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.52%
  • 2.59% Premier 2-year fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.49%
  • 2.60% 2-year fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.50%
  • 2.12% Premier 5-year fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £2,000,000 will decrease to 2.07%
  • 2.13% 5-year fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £500,000 will decrease to 2.08%
  • 2.47% 5-year fixed, £1,795 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.45%
  • 1.74% Portfolio Landlords 2-year fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.67%
  • 2.28% Portfolio Landlords 5-year fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.23%
  • 2.62% Portfolio Landlords 5-year fixed, £1,795 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.60%

EMC

  • 1.58% EMC Reward BTL 2-year fixed, £1,795 product fee, 65% LTV, will decrease to 1.51%
  • 2.59% EMC Reward BTL 2-year fixed, £0 product fee, 75% LTV, will decrease to 2.49%
  • 2.12% EMC Reward BTL 5-year fixed, £1,795 product fee, 65% LTV, will decrease to 2.07%
  • 2.46% EMC Reward BTL 5-year fixed, £1,795 product fee, 75% LTV, will decrease to 2.44%