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Barclays, TMW and Skipton change rates, Leeds offers £1,000 cashback – roundup

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  • 14/02/2018
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Barclays, TMW and Skipton change rates, Leeds offers £1,000 cashback – roundup
Lenders have made a series of changes to their rates across residential and buy-to-let (BTL) product ranges, in addition to introducing a raft of new deals.

 

The Mortgage Works (TMW), the specialist BTL arm of Nationwide Building Society, has launched a five-year fixed BTL deal, starting at 1.99% at 50% loan to value (LTV) with a £1,995 fee. Rates for the fee-free 50% LTV option start at 2.39%.

TMW has also made rate reductions of 0.15% on selected products across the range, as well as introducing a two-year fixed rate starting at 2.14%.

 

Leeds BS

Meanwhile, Leeds Building Society has added a number of fee-free cashback mortgage deals to its fixed-rate range.

Selected two-year fixed rate deals offer £500 cashback, while selected five-year fixes have cashbacks of up to £1,000 available.

All these products include a free standard valuation and no product fee, and are available for both purchase and remortgage.

 

Barclays

Barclays Mortgages has launched products and reduced rates for residential and BTL product ranges.

The new products include a 1.5% two-year fixed with a £999 product fee, available up to 80% loan-to-value for loans from £5,000 to £2m for residential purchase and remortgage. In addition, a 2.1% five-year fixed with a £999 product fee has been introduced, available for up to 80% LTV for residential purchase and remortgage.

Further to that, Barclays has made changes to its one-, two-, four-, and five-year fixed products, which have been reduced by between 1 to 11bps.

 

Skipton

Skipton Building Society has lowered rates on its two-year residential tracker mortgages, and three-year purchase and remortgage fixes by up to 0.27% as a part of a revamp of its core residential range.

Skipton has also launched new products, with new residential trackers available for both purchases and remortgages including a 1.43% up to 75% LTV and a 1.97% to 90% LTV with no completion fees.

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