Barclays launches lowest ever two-year fix

Barclays launches lowest ever two-year fix
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.

Barclays has launched its lowest ever two-year fixed rate at 1.09% up to 60% LTV with a £999 product fee.

The Bank has also launched a fee-free 60% LTV option at 1.45%, both available for purchase and remortgage on loans up to £500,000.


Other new products include a 1.25% two-year fixed rate available up to 80% LTV, and a fee-free two-year tracker at 1.10% up to 60% LTV.

Fee-free five year fixed rates are now available from 1.95% at 60% LTV and 2.09% up to 75% LTV.

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.”

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