Barclays reprices BTL rate switch and further advance deals | Mortgage Strategy

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Barclays is cutting rates on a number of deals in its buy-to-let reward range by up to 32 basis points tomorrow, while also increasing one deal by 38 basis points.

The products are available to clients with an existing buy-to-let mortgage who are looking to switch deals or borrow additional money.

The following rates are being cut tomorrow:

  • Two-year fixed rate at 65% LTV with a £1,795 fee reduced from 1.55% to 1.23%, available on loans from £5,000 to £1m
  • Two-year fixed rate at 65% LTV with no fee reduced from 1.97% to 1.95%, available on loans from £5,000 to £1m
  • Five-year fixed rate at 65% LTV with a £1,795 fee increased from 1.23% to 1.61%, available on loans from £5,000 to £1m
  • Two-year fixed rate at 60% LTV with a £1,795 fee reducing from 2% to 1.8%, available on loans from £1m to £2m
  • Five-year fixed rate at 60% LTV with a £1,795 fee reducing from 2.1% to 1.9%

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