From 8 July, Barclays is cutting mortgage rates across its fixed, low loan-to-value (LTV) range.
Barclays also announced that its new and reduced “Rate Switch” products for existing customers would allow Barclays Mortgage customers to switch top these lowest rates.
The new two, three, five and 10-year rates include a two-year fixed rate at 1.35%, with a 60% LTV for remortgage and rate switch and a five-year fixed rate at 2.14%, also with a 60% LTV, which is only available for remortgage.
Craig Calder, director of mortgages for Barclays said:
“These changes to our fixed range of mortgage products demonstrates that Barclays, as a responsible lender, is continuing to offer home buyers and movers with even more choice, all supported by robust lending criteria.”
