New deals and rate cuts from Barclays

Published on

Barclays is making changes to both the residential and buy-to-let product ranges with new products launching and rates reduced.

New products:

2 year fixed:

  • Introducing a new 1.50% 2 Year Fixed, £999 product fee, available up to 80% LTV for loans from £5k to £2m for residential purchase and remortgage

5 year fixed:

  • Introducing a new 2.10% 5 Year Fixed, £999 product fee, available up to 80% LTV for loans from £5k to £2m for residential purchase and remortgage

Reduced products:

1 year fixed:

  • 1.72% 1 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance – down 11bps

2 year fixed:

  • 1.63% 2 Year Fixed, £0 product fee, available up to 60% LTV for loans from £5k to £250k for residential remortgage – down 10bps
  • 1.73% 2 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £250k for residential remortgage – down 10bps
  • 1.73% 2 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £250k for residential purchase – down 1bps
  • 1.93% 2 Year Fixed, £0 product fee, available up to 85% LTV for loans from £5k to £250k for residential purchase – down 1bps
  • 1.93% 2 Year Fixed, £0 product fee, available up to 85% LTV for loans from £5k to £250k for residential remortgage – down 6bps
  • 1.62% 2 Year Fixed, £0 product fee, available up to 60% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance – down 11bps
  • 1.72% 2 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance – down 11bps
  • 1.50% 2 Year Fixed, £899 product fee, available up to 85% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance – down 2bps
  • 1.92% 2 Year Fixed, £0 product fee, available up to 85% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance – down 7bps
  • 1.43% 2 Year Fixed, £1999 product fee, available up to 70% LTV for loans from £2 to £10m for existing customers rate switching or doing a further advance – down 5bps
  • 1.49% 2 Year Fixed, £1999 product fee, available up to 70%+ LTV for loans from £2m to £10m for existing customers rate switching only – down 13bps

4 year fixed

  • 1.92% 4 Year Fixed, £899 product fee, available up to 75% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance down 7bps

5 year fixed:

  • 2.69% 5 Year Fixed, £1950 product fee, available up to 75% LTV for loans from £35k to £1m for buy-to-let purchase and remortgage – down 10bps
  • 3.09% 5 Year Fixed, £0 product fee, available up to 75% LTV for loans from £35k to £1m for buy-to-let purchase and remortgage – down 10bps
  • 1.93% 5 Year Fixed, £899 product fee, available up to 75% LTV for loans from £5k to £2m for existing customers moving home – down 6bps
  • 3.08% 5 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £1m for existing buy-to-let customers rate switching or doing a further advance – down 10bps
  • 2.69% 5 Year Fixed, £1800 product fee, available up to 75% LTV for loans from £5k to £1m for existing buy-to-let customers rate switching or doing a further advance – down 10bps

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

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

Cambridge BS funding supports expansion of domestic abuse charity

The Angels Foundation UK has opened a wellbeing centre in Cambridgeshire after receiving the...

Latest publication

Other news

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...