Barclays reveals 2-year resi mortgage

Michael Lloyd

September 16, 2019

Barclays Mortgages is set to launch a 2-year fixed rate residential product.

The 1.35% mortgage is available up to 75% LTV and comes with a £999 product fee and a switch and save £200 cashback offering.

There is a minimum loan of £5,000 and maximum loan of £2m.

Barclays will also cut rates across by up to 0.14% across selected 2, 3 and 5-year fixed rates.

Available for residential purchase and remortgages, there will be a 5-year fix at 60% LTV reduced to 1.58% and a 5-year fix at 75% will be reduced to 1.63%.

In addition, a 5-year fixed at 80% LTV will see its rate cut to 1.83%.

All reduced rate products come with a £999 product fee.

The changes come into effect on Tuesday 17 September.

Sign up to our daily email