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Barclays restarts valuations and cuts rates

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  • 19/05/2020
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Barclays restarts valuations and cuts rates
Barclays has restarted physical valuations and cut rates on selected residential mortgage deals.

 

The bank said valuers will adhering to strict safety guidelines on all property visits.

It will prioritise carrying out valuations on applications that were paused over the lockdown period.

Barclays has made rate reductions of up to 0.10 per cent on a selection of its two, three, five and seven-year fixed rates across its residential and buy to let ranges and its existing customer range.

Highlights of the cuts include a 1.34 per cent two-year fix at 75 per cent loan to value (LTV), a five-year fixed rate priced at 1.59 per cent also at 75 per cent and a 1.77 per cent five-year fix at 80 per cent LTV. All three products have a £999 fee.

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