Barclays reduces residential and reward rates

Jessica Nangle

August 28, 2019

Barclays have reduced rates across their residential and reward ranges.

The reductions are across existing 2, 3, 5 and 10-year residential fixed rate products along with selected products within their customer reward range.

Key highlights include a 1.64% 5-year fix at 60% LTV and a 1.68% 5-year fix at 75% LTV.

Both products come with a £999 product fee and are available for loans between £5,000 and £2m.

Craig Calder, director of mortgages at Barclays, said: “The new reductions we have announced today will ensure we continue to offer a highly competitive fixed rate range that provides certainty of payments and helps more hard working first time buyers and those choosing to remortgage.”

The reduced products launch on Thursday 29 August.

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