Barclays has launching what it claims to be its best ever range of fixed rates and fee free options for buy-to-let mortgages.
Rates include the following:
- 2.09% two-year fixed, 75% LTV with a 1% fee
- 2.99% five-year fixed, 75% LTV with a 1% fee
- 2.99% 10-year fixed at 65% LTV with a £2,000 fee
Fee-free options, including:
- 2.79% two-year fixed (buy-to-let), 75% LTV, £0 fee
- 2.79% (BBBR+2.54%) two-year tracker, 75% LTV, £0 fee
Simplified affordability based on personal and rental income
- Joint borrower, sole proprietor options available
- Barclays will consider first-time landlords (must own main residence)
Craig Calder, director of Barclays Mortgages, said: “We are providing greater choice to individual landlord investors across the UK than ever before who are looking to purchase or remortgage rental properties.
“Barclays also considers both personal and rental income for affordability purposes, helping individuals with a variety of income types to achieve their landlord aspirations.”