Barclays is making a series of changes to its residential, buy-to-let and Reward ranges.
The changes are effective tomorrow (10 November).
In addition to reducing the rates on its existing 60% LTV two-year fixed residential purchase and remortgage products, Barclays is launching a selection of 85% LTV residential products for loans between £5k – £2m, including:
- New – 3.13% two-year fixed, £0 fee, 85% LTV (Purchase only)
- New – 2.94% three-year fixed, £999 fee, 85% LTV (Purchase and remortgage)
- New – 2.95% five-year fixed, £999 fee, 85% LTV (Purchase and remortgage)
Barclays is also reducing rates across a range of its existing buy-to-let purchase and remortgage products and to a selection of products within its existing customer Reward range.