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Barclays adds resi and BTL products

Jake Carter

August 19, 2021

Barclays

Barclays Mortgages has added a number of residential and buy-to-let (BTL) products for customers purchasing and remortgaging, as well as making numerous rate cuts on existing offers.

Barclays’ range of fixed-rate and tracker products for residential mortgage applications will see reductions of up to 32bps.

Barclays’ BTL mortgage range has seen five products introduced, comprising rates available up to 75% loan-to-value (LTV).

Notable new products include a 75% LTV 10-year fix at 2.75% with a £1,795 fee and a 60% LTV 2-year fix at 1.45% with a £1,295 fee.

It has also added a 75% LTV 2-year tracker at 2.25%, and a 75% LTV 3-year fixed rate premier exclusive at 2%.

For portfolio landlords, the lender has introduced a 75% LTV 5-year fix at 2.50% with a £2,495 fee.

Looking to reductions, the 60%b LTV 2-year tracker has been cut to 1.38%, and the 80% LTV 2-year tracker has bene reduced to 1.97%, both deals include a £999 fee.

As well as this, Barclays has cut the 85% LTV 2-year fix from 2.27% to 2.05%.


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