Barclays launches 1.28% 2-year fix and refreshes range

Ryan Bembridge

January 3, 2018

Barclays Mortgages has launched a 2-year fix at 1.28% to 50% loan-to-value with a £999 fee, which will go live from tomorrow.

At the same time the bank will refresh its range with rate reductions, rate increases and product withdrawals.

Reduced rates include a 2-year fix at 1.65% to 85% LTV and 5-year fixes at 1.85% to 60% LTV and 2.18% to 85% LTV, all with a £999 fee.

Craig Calder, director of Barclays Mortgages, said: “We are really excited about the potential of the market in early 2018.

“These new and reduced rates will boost our already highly competitive product range.

“As well as the new 2-year fixed, the rate reductions we are making on our higher LTV products will provide even better value for customers looking to move or buy their first home.”

Barclays has reduced Help to Buy Equity Loan products to 1.79% for a 2-year fix and 2.37% for a 5-year fix, both with no fee.

Meanwhile its buy-to-let reward range 2-year fix now stands at 2.55% to 75% LTV with no fee.

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