Barclays cuts residential and buy-to-let rates

Barclays has reduced rates across its residential and buy-to-let ranges and made selected rates available at higher LTVs.

Related topics:  Mortgages
Rozi Jones
16th November 2018
Barclays

On residential products, Barclays has reduced its two-year tracker rates, which are now available from 1.44% at 60% LTV and 1.59% at 75% LTV. The bank has also launched new 85% LTV tracker rates from 1.72%.

Five-year fixed rate residential products have been reduced to 2.34% at 90% LTV with a £999 fee or 2.49% fee-free.

Buy-to-let highlights include five-year fixed rates from 2.37% at 60% LTV and 2.47% at 75% LTV.

Additionally, selected residential purchase and remortage rates will now be available at higher LTVs.

A two-year fixed rate at 1.97% and a five-year fix at 2.25% will now be available up to 70% LTV, up from the previous limit of 60%.

A five-year fixed rate of 2.13%, previously available at 75% LTV for purchase and remortgage, can be accessed up to 80% LTV.

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