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Barclays makes range of cuts and increases to residential mortgage rates

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  • 02/05/2019
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Barclays makes range of cuts and increases to residential mortgage rates
Barclays is making changes to rates on 20 of its fixed-term residential purchase and remortgage deals, including Help to Buy, Green Home and large loan products.

 

From tomorrow the lender is cutting rates by up to 0.1 per cent on 11 of its deals.

This includes a 95 per cent loan to value (LTV) five-year fix purchase deal with £1,000 cashback, no product fee and a maximum loan of £375,000 falling to 3.53 per cent from 3.63 per cent.

It is also cutting its London Help to Buy two-year fix at up to 55 per cent LTV from 1.58 per cent to 1.49 per cent with a £749 product fee and maximum loan of £330,000.

Meanwhile, Barclays is increasing rates on nine deals by up to 0.09 per cent.

Its two-year fix for purchase and remortgage at up to 90 per cent LTV is increasing from 1.78 per cent to 1.87 per cent, with a £999 product fee and maximum loan of £375,000.

And its five-year fix for large loans up to £1m at up to 75 per cent LTV with a £999 fee is increasing from 1.90 per cent to 1.96 per cent.

 

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