Barclays makes reductions across mortgage range

Barclays is reducing rates across their residential and reward ranges.

Barclays makes reductions across mortgage range

Barclays is reducing rates across their residential and reward ranges available from Thursday 22 August.

Highlights include their 5-year fix at 60% LTV reduced to 1.68% and the 5-year fix at 75% LTV reduced to 1.73%.

Another highlight is their 5-year fix at 85% LTV reduced to 1.96%, and all come with a £999 fee.

Craig Calder, director of mortgages at Barclays, said: “With continued demand for longer term fixed rates, our rate reductions announced today ensure we are offering a competitive products and will help home buyers seeking certainty from a 5-year fix mortgage.”

In their remortgage range, highlights include their 5-year fix at 60% LTV decreasing to 2.03% and the 5-year fix at 85% LTV decreasing to 2.29% both with no product fee.

Barclays' 2-year fix London help to buy product aT 55% LTV is also decreasing to 1.70% with no product fee.