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Barclays unveils new Help to Buy offering amid widespread changes

by Kevin Rose
15 June 2020
Barclays unveils mortgage offering for entrepreneurs
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Barclays is making changes to a number of its mortgages.

The changes are across its residential, buy-to-let and Reward ranges and are effective tomorrow (Tuesday 16 June).

New products:

Residential – purchase only

LatestNews

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  • 1.70% 2 Year Fixed, £0 product fee, 75% LTV, Min loan £5k, Max loan £5m
  • 1.75% 5 Year Fixed, £0 product fee, 75% LTV, Min loan £5k, Max loan £5m
  • 1.92% Help to Buy 2 Year Fixed, £0 product fee, 75% LTV, Min loan £25k, Max loan £450k
  • 2.03% Help to Buy 2 Year Fixed, £0 product fee, 75% LTV, Min loan £25k, Max loan £450k

Purchase and Remortgage

  • 1.58% 3 Year Fixed, £999 product fee, 75% LTV, Min loan £5k, Max loan £1m

Buy-to-let

Purchase only

  • 2.05% 5 Year Fixed Purchase Only, £1295 product fee, 75% LTV, Min loan £35k, Max loan £1m

Portfolio Landlords

  • 2.11% 2 Year Fixed, £1,795 product fee, 75% LTV, Min loan £35k, Max loan £1m

 

Product reductions:

Residential

Purchase only

  • 1.18% 2 Year Fixed, £999 product fee, 60% LTV, Min loan £5k, Max loan £5m will decrease to 1.14%

 

Purchase and Remortgage

  • 1.45% 5 Year Fixed, £999 product fee, 60% LTV, Min loan £5k, Max loan £5m will decrease to 1.39%
  • 1.69% 7 Year Fixed, £999 product fee, 60% LTV, Min loan £5k, Max loan £1m will decrease to 1.64%

 

Reward range

  • 1.61% 3 Year Fixed, £999 product fee, 80% LTV, will decrease to 1.58%
  • 1.45% 5 Year Fixed, £999 product fee, 60% LTV, will decrease to 1.39%
  • 1.69% 7 Year Fixed, £749 product fee, 75% LTV, will decrease to 1.64%
  • 2.00% 7 Year Fixed, £0 product fee, 75% LTV, will decrease to 1.90%
  • 1.45% 5 Year Fixed, £999 product fee, 70% LTV, will decrease to 1.39%

 

Buy-to-let

Purchase and Remortgage

  • 1.80% 5 Year Fixed, £1795 product fee, 60% LTV, Min loan 35k, Max loan £500k will decrease to 1.75%
  • 2.08% 2 Year Fixed, £0 product fee, 60% LTV, Min loan 35k, Max loan £1m will decrease to 1.99%
  • 2.19% 5 Year Fixed, £0 product fee, 60% LTV, Min loan 35k, Max loan £1m will decrease to 2.09%

Reward range

  • 2.08% BTL 2 Year Fixed, £0 product fee, 65% LTV, will decrease to 1.99%
  • 1.80% BTL 5 Year Fixed, £1795 product fee, 65% LTV, will decrease to 1.75%
  • 2.19% BTL 5 Year Fixed, £0 product fee, 65% LTV, will decrease to 2.09%

 

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
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  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
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    • Retirement borrowing
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  • PROTECTION
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© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

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