Barclays has reduced a selection of buy-to-let rates and launched a new 2-year tracker at 1.93%.
Barclays has reduced a selection of buy-to-let rates and launched a new 2-year tracker at 1.93%.
To 75% loan-to-value the lender has introduced a 2.29% 2-year fix and a 3.39% 5-year fix, both with a 1% fee for loans between £500,000 and £1m.
Craig Calder, director of mortgages at Barclays, said: “With our latest buy-to-let rate reductions and new 1% application fee on buy-to-let mortgages above £100,000, we are supporting more aspiring landlords to achieve their goals.”
The lender has cut other buy-to-let rates, with 2-year fixes standing at 2.39% to 75% LTV and 1.99% to 60% LTV, both with a £1,999 fee.
Its 5-year fixes meanwhile have been cut to 3.49% to 75% LTV and 3.09% to 60% LTV, both with a £1,999 fee.
The lender has also reduced its residential range, with 2-year fixes standing at 1.97% to 85% LTV and 2.49% to 90% LTV.
