Barclays has made changes to its residential, buy-to-let and Reward range products.
It has also introduced new interest rates for its first Barclays Green Home Mortgage product range.
Barclays Green Home Mortgage New Products:
- 1.50% two-year fixed Help to Buy, £749 product fee, available up to 75% LTV for loans from £25k to £450k – 10bps lower than core range equivalent
- 1.84% two-year fixed, £999 product fee, available up to 90% LTV for loans from £5k to £500k – 10bps lower than core range equivalent
- 2.05% five-year fixed Help to Buy, £749 product fee, available up to 75% LTV for loans from £25k to £450k – 10bps lower than core range equivalent
- 2.34% five-year fixed, £999 product fee, available up to 90% LTV for loans from £5k to £500k – 10bps lower than core range equivalent
The Barclays Green Home Mortgage will reward homebuyers who choose to buy an energy efficient new build home with lower interest rates on their two or five-year fixed rate mortgage up to 90% LTV, and Help To Buy mortgages up to 75% LTV, and available to anyone that purchases an A or B EPC Energy Efficiency Rated new build home from an initial group of five Barclays partner house builders, with plans to partner with all major UK house builders by the end of year.
Barclays’ partner house builders are Barratt Homes; Berkeley Group; Countryside Properties; Crest Nicholson and Redrow Homes.