Barclays is increasing buy-to-let rates by up to 53 basis points tomorrow, as well withdrawing some landlord deals and launching others.
Some of the most substantial price increases are to products in its existing buy-to-let customer reward range.
Within this range, a two-year fixed at 75% loan-to-value with no fee has increased by 53bps from 4.97% to 5.5%.
In the same range, a five-year fixed at 60% LTV with a £1,795 fee has increased by 45bps from 4.6% to 5.05%.
A number of other deals in this range are going up by between 25 and 37bps.
Barclays is also increasing several purchase and remortgage deals by between 15 and 37bps.
Among the new buy-to-let products to launch is a purchase-only two-year tracker at 4.4% up to 60% LTV with an £899 fee.
A two-year fixed at the same LTV with the same fee will launch at 5.05%, alongside other deals.
Barclays is also simplifying its approach to portfolio buy-to-let.
From tomorrow, landlords who have four or more mortgage rental properties across all lenders can now apply for the lender’s standard buy-to-let deals.
