New fixed rates and trackers for Barclays

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Barclays has made changes to its residential and buy-to-let product range.

It has also unveiled its lowest ever two-year fixed rate.

New deals include the following:

  • A 1.09% two-year fixed, £999 product fee, available up to 60% LTV for loans from £5,000 to £500,000 for purchase and remortgage
  • A 1.45% two-year fixed, £0 product fee, available up to 60% LTV for loans from £5,000 to £500,000 for purchase and remortgage
  • A 1.25% two-year fixed, £999 product fee, available up to 80% LTV for loans from £5,000 to £500,000 for purchase and remortgage
  • A BBBR+ 1.10% two-year tracker, £0 product fee, available up to 60% LTV for loans from £5,000 to £500,000 for purchase and remortgage
  • A 1.09% two-year fixed, £899 product fee, available up to 60% LTV for loans from £5,000 to £2m for existing customers rate switching or doing a further advance

Craig Calder, director of Barclays Mortgages, said: “Autumn is set to be a busy period in the mortgage market, particularly within the remortgage sector, as many customers look to secure their mortgage before the festive season begins.

“We are very pleased to confirm the launch of these new products which coupled with the rate reductions that we are also making, will further enhance our already competitive mortgage product range.

Barclays has also reduced rates and changed the minimum and maximum loan sizes and product fees on a number of other products across its residential, buy-to-let and reward ranges.

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