Barclays to launch new build products and cut buy-to-let rates

Michael Lloyd

May 13, 2019

From tomorrow Barclays Mortgages will launch new build products and making changes across its residential, buy-to-let and reward ranges.

Within its new build only product range there will be no product fees. At 90% loan-to-value there will be a 2.54% 2-year fixed and 2.57% 5-year fixed, both with £1,000 cashback.

The Help to Buy new build only products will be at 75% and come with £500 cashback. There will be a 2.09% 2-year fixed and 2.18% 5-year fixed.

Barclays will also be reducing rates across its buy-to-let purchase and remortgage range.

At 75% LTV there will be three 5-year fixed products. The 2.43% which comes with a £1,795 product fee will be cut to 2.38%, the 2.80% which has no product fee, will be cut to 2.75% and the 2.65% portfolio landlord product which comes with a £1,795 will be reduced to 2.60%.

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