Barclays refreshes mortgage offering

To 70% LTV the lender is launching a residential 2-year fix at 1.39% and a 5-year fix at 2.15, both with a £999 fee.

Barclays refreshes mortgage offering

Barclays is making widespread changes to its mortgage ranges from tomorrow with rate reductions and new mortgages.

To 70% LTV the lender is launching a residential 2-year fix at 1.39% and a 5-year fix at 2.15, both with a £999 fee.

With buy-to-let meanwhile Barclays is offering a 2-year fix at 2.05% with a 1% fee as well as longer term rates such as a 2.99% 10-year fix to 65% LTV with a £1,850 fee and a 2.89% 7-year fix to 65% LTV with a £2,000 fee.

Craig Calder, director of Barclays Mortgages, said: “We are providing greater choice to individual landlord investors across the UK than ever before who are looking to purchase or remortgage rental properties.

“Barclays also considers both personal and rental income for affordability purposes, helping individuals with a variety of income types to achieve their landlord aspirations.”

Following reductions other buy-to-let highlights include a 75% loan-to-value 2-year fix at 2.09% with a 1% fee, a 75% LTV 5-year fix with a 1% fee and a 2.99% 10-year fix at 65% LTV with a £2,000 fee.

Meanwhile fee-free buy-to-let options now include a 2.79% 2-year fix to 75% LTV and a 2.79% 2-year tracker.