Barclays launches new fixed rate deals

From tomorrow, Barclays is making changes to its most popular 2, 3 and 5 year residential fixed rate mortgages.

Related topics:  Mortgages
Rozi Jones
1st April 2015
Barclays branch

Highlights include:

- 1.44% 2 Year Fixed, 65% LTV
- 3.35% 2 Year Fixed, 90% LTV (£999 fee)
- 3.73% 2 Year Fixed, 90% LTV (fee free)
- 3.99% 5 Year Fixed, 90% LTV (fee reduced from £999 to £0)

Barclays has also made a reduction to its 75% LTV Great Escape 2 year fixed rate by 0.54% to 2.35% and increasing the LTV to 80%.

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

“We are anticipating demand for fixed rates to remain strong during the spring months, traditionally a period of increased house buying activity.  As part of these new competitive rates, we have reduced the fixed rates on the 85 and 90% LTV products which will enable first time buyers and those with smaller deposits to get on, and move up, the property ladder.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.