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%
The post Barclays cuts resi, landlord rates by up to 43bps appeared first on Mortgage Strategy.