Barclays cuts resi, landlord rates by up to 43bps 

By: ameer@trustedteam.com

Barclays will cut rates across its residential and landlord fixed-rate ranges by as much as 43 basis points from tomorrow (20 December). 

The high street bank says key remortgage reductions include: 

  • Two-year Great Escape fixes, with no product fee, at 60% loan to value, down to 4.81% from 5.24%  
  • Two-year Great Escape fixes, with no product fee, at 75% LTV, down to 4.92% from 5.33%    
  • Two-year fixes, with a 999 product fee, at 75% LTV, down to 4.77% from 5.12% 

Other highlights include:  

Residential – purchase only – including new build 

  • Two-year fixes, with a £899 product fee, at 60% LTV, down to 4.60% from 4.76% 

Buy to Let — purchase only 

  • Five-year purchase-only fixes, with a £1,295 product fee, at 75% LTV, down to 5.22% from 5.42% 

BTL — remortgage only 

  • Five-year remortgage-only fixes, with no product fee, at 75% LTV, down to 5.38% from 5.58% 

Related post