Barclays refreshes mortgage range
Barclays has refreshed its mortgage range by cutting rates and launching new products across its first-time buyer and homemover ranges.
Highlights include a 75% loan-to-value 4-year fix at 1.99% with a £999 fee, a 75% LTV 2-year fix at 1.23%, an 85% LTV 2-year fix at 1.53% and a 60% LTV 5-year fix at 1.70%, with the three latter products coming with a £1,499 fee.
The lender’s 75% LTV 5-year fix has also been cut to 2.25% with a £999 fee.
Craig Calder, director of Barclays Mortgages, said: “Spring is traditionally a period of increased house buying activity and providing competitive rates will enable more first time buyers and those with smaller deposits to get on, and move up, the property ladder, as well as helping those looking to remortgage to achieve further savings.”
Barclays is introducing products including a 75% LTV 4-year fix at 1.99% with a £999 fee and a large loan (£2-10m) 2-year offset at 1.79% to 65% LTV.
Meanwhile new Help to Buy rates include a 75% LTV 2-year fix at 1.39% with a £999 fee.