Barclays to launch products and cut rates

Michael Lloyd

June 17, 2019

Barclays is launching products for its residential, remortgage, buy-to-let and Premier Exclusive ranges.

Borrowers must hold a Barclays Premier banking relationship to be eligible for a Premier Exclusive mortgage product.

In the Premier Range there will be a 1.68% 2-year fixed mortgage at 85% LTV, available for residential purchases and remortgages with a £999 product fee.

Available for buy-to-let purchases and remortgages, there will be a 2.03% 5-year fix at 65% LTV. This has a £1,795 product fee.

For residential purchases and remortgages there will be a 1.68% 2-year fix at 85% LTV with a £999 product fee.

Meanwhile for buy-to-let purchases and remortgages there will be a 1.46% Premier 2-year fix at 65% LTV and a 2.03% Premier 5-year fix at 65% LTV. Both of these will come with a £1,795 product fee.

In addition, some residential mortgages for purchases and remortgages will see some rate reductions.

The 1.73% Premier 3-year fix at 75% LTV will be cut to 1.69% and the 1.79% 3-year fix at 75% LTV will be reduced to 1.75%. Both come with a £999 product fee.

For buy-to-let purchases and remortgages the 2.35% 5-year fix at 75% LTV will be cut to 2.25%. This comes with a £1,795 product fee.

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