Barclays cuts HTB2 rates

From tomorrow, Barclays are cutting a number of mortgage rates for borrowers with smaller deposits.

Related topics:  Mortgages
Rozi Jones
12th January 2015
Barclays branch

The most significant cuts have been made to Barclays Help To Buy 2 (mortgage guarantee scheme) products, including a 4.49% two year fixed rate at 95% LTV.

In addition, customers can benefit from free legal costs and cashback options on Barclays 2 and 5 year fixed rates, including:

- 1.77% 2 year fixed rate at 60% LTV

- 2.49% 5 Year fixed rate at 60% LTV

- 2.95% 5 Year fixed rate at 70% LTV

Andy Gray, Managing Director of Mortgages for Barclays, said:

“We kicked off 2015 with the launch the UK’s lowest ever ten year fixed rate at 2.99%. Building upon this, our fourteenth straight rate reduction provides an opportunity to demonstrate our commitment to giving first time buyers and those with smaller deposits access to market leading mortgage rates.”  

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