Mortgage News
Barclays to reduce mortgage rates at 90% LTV
Barclays will cut mortgage interest rates for first-time buyers and those with smaller deposits on its fixed rate, 90% Loan to Value mortgage range.
From tomorrow (Tuesday 4th November), the lender will offer a two-year fixed rate at 3.68%, a three-year fix at 3.99% and a five-year fixed rate at 4.38%.
In addition, Barclays is updating the rate on its two year fixed 95% LTV Help to Buy product from 4.99% to 5.19% with no application fee.
On 20 October, the lender began offering some of its lowest ever loans at 60% Loan To Value (LTV), including a ten-year fixed rate at 3.49% after plummeting swap rates.
Barclays also offers Track It, which is a free and fully secure digital service used by 79% of Barclays’ customers, which allows customers to track their mortgage application and/or redemption as it progresses. The service also offers accompanying alerts for mortgage advisers and intermediaries at key events throughout the mortgage process.
£2.5m paid to help broker clients benefit from greener homes
Sponsored by Halifax Intermediaries