Barclays has refreshed its range with the launch of 11 new products including three 85% loan-to-value new build mortgages.
Barclays has refreshed its range with the launch of 11 new products including three 85% loan-to-value new build mortgages.
The new 85% LTV products are a 2-year fix at 2.09% to, a 5-year fix at 3.09% and a 2-year tracker at 2.04%, all with a £999 fee.
The lender has also cut 13 other rates including its 80% loan-to-value 10-year fix from 3.25% to 2.99%.
Other highlights include 3-year fixes at 2.09% to 70% LTV and 2.99% to 90% LTV, and 5-year fixes at 2.25% to 60% LTV and 3.39% to 90% LTV, all with a £999 fee.
Barclays has also added to its Help to Buy 1 range, as new rates to 75% LTV are a 2-year fix at 1.85% LTV, a 5-year fix at 2.65% LTV and a 2-year tracker at 1.49% with a £999 fee.
Craig Calder, director of mortgages for Barclays, said: “This package of new products and rate reductions is designed to help more hard-working first time buyers to achieve their ambition of home ownership.
“The gap between income and house prices is at its widest in London, which is why Barclays is committed to supporting the new ‘London Help to Buy’ initiative and providing other innovative ways to help even more people to afford a home, either in the capital or elsewhere in the UK.”
