Barclays cuts fixed rates

Ryan Bembridge

November 26, 2018

Barclays will cut fixed rate mortgages and up the maximum loan value to £1m tomorrow.

The lender’s 2-year fixes will be cut to 1.53% to 60% loan-to-value and 1.67% to 75% LTV, while its 5-year fix will cost 1.94% to 60% LTV, all with a £999 product fee.

On Barclays’ 75% LTV 5-year fix with a £999 product fee the maximum loan value has been increased to £1m, while the product will be available for remortgage.

The lender said fixed rate demand remains strong.

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