Home » Barclays cuts rates by up to 32 bps and adds BTL deals

Barclays cuts rates by up to 32 bps and adds BTL deals

by administrator

Barclays is reducing rates on a number of residential deals by up to 32 basis points tomorrow.

The lender is also launching five new buy-to-let deals and withdrawing several products.

The following purchase-only deals are also being reduced:

  • 1.94% premier two-year fixed £699 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
  • 2.27% two-year fixed £0 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 2.05%
  • 2.35% two-year fixed £999 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.25%
  • 2.59% two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.45%
  • 2.83% £500 cashback two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.65%
  • 1.29% five-year fixed £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.23%
  • 1.97% green home two-year fixed £0 product fee, 80% LTV , min loan £5k, max loan £2m will decrease to 1.84%
  • 2.49% green home two-year fixed £0 product fee, 90% LTV , min loan £5k, max loan £570k will decrease to 2.35%

The following purchase or remortgage deals are being reduced:

  • 1.69% two-year tracker £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.38%
  • 1.85% two-year tracker £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.79%
  • 1.72% two-year tracker £999 product fee, 75% LTV, min loan £5k, max loan £2m will decrease to 1.68%
  • 2.19% premier two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.87%
  • 2.29% two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.97%
  • 1.65% two-year fixed £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.62%
  • 1.94% two-year fixed £999 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
  • 1.17% five-year fixed £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.14%

A large number of buy-to-let deals are also being reduced.

Barclays is launching the following products for landlords:

  • Purchase-only 1.45% two-year fixed £1295 product fee, 60% LTV, min loan £35k, max loan £1m
  • Purchase and remortgage 2.00% Premier three-year fixed £0 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.75% 10-year fixed £1795 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.25% two-year tracker £0 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.50% portfolio five-year fixed £2495 product fee, 75% LTV, min loan £35k, max loan £1m

Original Article

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