Barclays cuts resi, landlord rates by up to 43bps 

Barclays will cut rates across its residential and landlord fixed-rate ranges by as much as 43 basis points from tomorrow (20 December).

The high street bank says key remortgage reductions include:

  • Two-year Great Escape fixes, with no product fee, at 60% loan to value, down to 4.81% from 5.24%
  • Two-year Great Escape fixes, with no product fee, at 75% LTV, down to 4.92% from 5.33%
  • Two-year fixes, with a 999 product fee, at 75% LTV, down to 4.77% from 5.12%

Other highlights include:

Residential – purchase only – including new build

  • Two-year fixes, with a £899 product fee, at 60% LTV, down to 4.60% from 4.76%

Buy to Let — purchase only

  • Five-year purchase-only fixes, with a £1,295 product fee, at 75% LTV, down to 5.22% from 5.42%

BTL — remortgage only

  • Five-year remortgage-only fixes, with no product fee, at 75% LTV, down to 5.38% from 5.58%
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