Barclays lifts rates across resi, BTL and remortgage products | Mortgage Strategy

Img

Barclays has raised rates across a range of home purchase, remortgage and buy-to-let products, as well as loans for existing customers.

The high street bank says among its residential purchase hikes, a premier three-year fixed-rate offer, with a £999 product fee at 75% loan-to-value, rises by 10 basis points to 2.30%.

While a five-year fixed-rate loan, with no product fee at 90% LTV, also increases by 10bps to 2.85%.

Among its residential remortgages, a great escape two-year fixed-rate deal, with no product fee at 75% LTV, lifts by 19bps to 2.67%.

And a great escape five-year fixed-rate offer, with no product fee at 75% LTV, rises by 20bps to 2.70%.

Among its BTL purchase range, a two-year fixed-rate purchase-only offer, with a £1295 product fee at 60% LTV, increases by 20 basis points to 2.15%.

While a green home BTL five-year fixed-rate deal, with a £1295 product fee at 75% LTV, rises by 18bps to 2.40%.

Among its BTL remortgage range, a two-year fixed-rate remortgage-only offer, with a £1795 product fee at 75% LTV, lifts by 20bps to 2.28%.

A five-year fixed-rate remortgage-only loan, with a £1795 product fee at 60% LTV, increases by 21bps to 2.36%.

Rate rises for loans to existing residential customers include an EMC reward two-year fixed-rate offer, with a £999 product fee at 60% LTV, which lifts by 27bps to 2.21%.

While an EMC reward five-year fixed-rate deal, with no product fee at 60% LTV, increases by 40bps to 2.68%.

Rate hikes for loans to existing BTL customers include an EMC reward BTL two-year fixed-rate offer, with a £1795 product fee at 65% LTV, which lifts by 44bps to 2.15%.

An EMC reward BTL five-year fixed-rate deal, with a £1795 product fee at 65% LTV, rises by 36bps to 2.36%.

The bank has also cut rates on two products for existing customers. An EMC reward two-year fixed-rate loan, with no product fee, now at +85% LTV, falls by 1bps to 2.70%.

And an EMC reward two-year fixed-rate deal, with no product fee, now at +85% LTV is cut by 15bps to 2.84%.


More From Life Style