Barclays has made changes to its residential and buy-to-let product ranges including cutting rates by up to 0.30 percentage points.
It has introduced a new buy-to-let two year tracker rate from 1.93% (BBBR + 1.43%) and a new 1% application fee buy-to-let products (minimum loan size £100,000).
Barclays has also reduced rates on two-year fixed products at 85% and 90% LTV for purchase and remortgage.
End dates on all fixed rate products have been extended by three months to 30 June (with the exception of Barclays’ Help To Buy and new-build products which remain at 30 September),
Craig Calder, director of mortgages at Barclays, said: “With our latest buy-to-let rate reductions and new 1% application fee on buy-to-let mortgages above £100,000, we are supporting more aspiring landlords to achieve their goals.”
