Barclays makes reductions across mortgage range

Jessica Nangle

August 21, 2019

Barclays is reducing rates across their residential and reward ranges available from Thursday 22 August.

Highlights include their 5-year fix at 60% LTV reduced to 1.68% and the 5-year fix at 75% LTV reduced to 1.73%.

Another highlight is their 5-year fix at 85% LTV reduced to 1.96%, and all come with a £999 fee.

Craig Calder, director of mortgages at Barclays, said: “With continued demand for longer term fixed rates, our rate reductions announced today ensure we are offering a competitive products and will help home buyers seeking certainty from a 5-year fix mortgage.”

In their remortgage range, highlights include their 5-year fix at 60% LTV decreasing to 2.03% and the 5-year fix at 85% LTV decreasing to 2.29% both with no product fee.

Barclays’ 2-year fix London help to buy product aT 55% LTV is also decreasing to 1.70% with no product fee.

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