Barclays Mortgages will launch three fixed rate mortgages tomorrow, including two residential and one buy-to-let mortgage.
For the two residential mortgages there will be a 2.99% 3-year fixed at 95% loan-to-value (LTV) for purchases only and a Great Escape 2.24% 2-year fixed at 90% LTV for remortgages only. Both come without a product fee and with a maximum loan size of £375,000.
Furthermore, for buy-to-let there will be a 1.68% 2-year fixed at 75% LTV, available for purchases only. This comes with a £1,295 product fee. There will be a minimum loan size of £35,000 and maximum loan size of £1m.
The Great Escape package comes with a non-disclosed valuation, free standard legals and £400 cashback. If the customer chooses to use their own solicitor, the cashback offered on the mortgage is £500.