Barclays is making a fresh round of rate reductions across its Residential and Reward ranges.
New products are launching tomorrow, Tuesday 17 September.
Changes include reducing rates by up to 0.14 percentage points across selected two, three and five-year fixed rates as well as reductions to products within its existing customer Reward range.
Key Product change highlights:
Available for Residential Purchase and Remortgage
- Reduced – 5 year fixed with a £999 product fee available for loans £5,000 – £2,000,000 Max loan 60% LTV, reduced from 1.64% to 1.58%
- Reduced – 5 year fixed with a £999 product fee available for loans £5,000 – £2,000,000 Max loan 75% LTV, reduced from 1.68% to 1.63%
- Reduced – 5 year fixed with a £999 product fee available for loans £5,000 – £1,000,000 Max loan 80% LTV, reduced from 1.90% to 1.83%
New products:
Resi
Remortgage
- 1.35% 2 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £2,000,000 now with Switch & Save £200 cashback
Rate reductions:
Resi
Purchase and Remortgage
- 1.28% 2 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £2,000,000 will decrease to 1.24%
- 1.55% 2 Year Fixed, £299 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.49%
- 1.58% 3 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.49%
- 1.68% 3 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.58%
- 1.64% 5 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £2,000,000 will decrease to 1.58%
- 1.68% 5 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £2,000,000 will decrease to 1.63%
- 1.90% 5 Year Fixed, £999 product fee, 80% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.83%
Purchase
- 1.79% 2 Year Fixed, £0 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.64%
- 1.88% 2 Year Fixed, £0 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.77%
- 2.09% 2 Year Fixed, £0 product fee, 85% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.95%
- 2.05% 3 Year Fixed, £0 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.98%
- 1.73% EMC Homemover Reward 3 Year Fixed, £499 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.58%
- 1.92% 5 Year Fixed, £0 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.84%
Remortgage
- 1.99% Great Escape 5 Year Fixed, £0 product fee, 60% LTV, Min loan £50,000, Max loan £1,000,000 will decrease to 1.93%
- 2.09% Great Escape 5 Year Fixed, £0 product fee, 75% LTV, Min loan £50,000, Max loan £1,000,000 will decrease to 1.98%
