According to the lender, they will be reducing a number of rates across the core range and Reward Range, including a 2 Year Fixed Help to Buy 1, 75% LTV reduced by 16bps to 1.49 per cent and a 5 Year Fixed Buy to Let, 65% LTV reduced by 60bps to 2.49%, as well as reduced fees.
All 60% LTV Buy to Let products are now available at max 65% LTV (max loan of £1m), whilst all 75% LTV Buy to Let products now benefit from a maximum loan size of £750k (previously £500k).
In addition to this, Barclays also advised that they are introducing a selection of new Large Loan products, including a 2 Year Fixed 75% at 1.65% for loan sizes between both £1m - £3m and £3m - £5m.
Barclays new reductions will include a 2 Year Fixed, 80% LTV at 1.88% with no product fee (reduced by 21bps), a 2 Year Fixed, 65% LTV at 1.49% for loans between £1.5m - £5m (reduced by 36bps) and a 5 Year Fixed, 65% LTV at 2.45%t for BTL customers (reduced by 39bps)
