Barclays launches 2.99% ten-year fix for buy-to-let

From tomorrow Barclays is launching its "best ever" buy-to-let fixed rates, which now start from 1.89% for a two-year fixed rate at 65% LTV.

Related topics:  Mortgages
Rozi Jones
24th January 2017
Barclays branch

Other highlights include a 2.09% two-year fix at 75% LTV with a 1% fee, a 2.99% five-year fix at 75% LTV with a 1% fee, and a 2.99% ten-year fix at 65% LTV with a £2,000 fee.

The Bank has also extended its fee-free options to include a 2.79% two-year fix at 75% LTV and a 2.79% two-year tracker at 75% LTV.

New residential rates at 70% LTV include a 1.39% two-year fix and a 2.15% five-year fix.

Barclays' five-year fixed rate at 80% LTV has seen a 14bps reduction to 2.31%.

Craig Calder, director of Barclays Mortgages, said: “We are providing greater choice to individual landlord investors across the UK than ever before who are looking to purchase or remortgage rental properties. Barclays also considers both personal and rental income for affordability purposes, helping individuals with a variety of income types to achieve their landlord aspirations.”

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