Barclays cuts rates by up to 32 bps and adds BTL deals | Mortgage Strategy

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Barclays is reducing rates on a number of residential deals by up to 32 basis points tomorrow.

The lender is also launching five new buy-to-let deals and withdrawing several products.

The following purchase-only deals are also being reduced:

  • 1.94% premier two-year fixed £699 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
  • 2.27% two-year fixed £0 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 2.05%
  • 2.35% two-year fixed £999 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.25%
  • 2.59% two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.45%
  • 2.83% £500 cashback two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.65%
  • 1.29% five-year fixed £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.23%
  • 1.97% green home two-year fixed £0 product fee, 80% LTV , min loan £5k, max loan £2m will decrease to 1.84%
  • 2.49% green home two-year fixed £0 product fee, 90% LTV , min loan £5k, max loan £570k will decrease to 2.35%

The following purchase or remortgage deals are being reduced:

  • 1.69% two-year tracker £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.38%
  • 1.85% two-year tracker £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.79%
  • 1.72% two-year tracker £999 product fee, 75% LTV, min loan £5k, max loan £2m will decrease to 1.68%
  • 2.19% premier two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.87%
  • 2.29% two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.97%
  • 1.65% two-year fixed £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.62%
  • 1.94% two-year fixed £999 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
  • 1.17% five-year fixed £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.14%

A large number of buy-to-let deals are also being reduced.

Barclays is launching the following products for landlords:

  • Purchase-only 1.45% two-year fixed £1295 product fee, 60% LTV, min loan £35k, max loan £1m
  • Purchase and remortgage 2.00% Premier three-year fixed £0 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.75% 10-year fixed £1795 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.25% two-year tracker £0 product fee, 75% LTV, min loan £35k, max loan £1m
  • 2.50% portfolio five-year fixed £2495 product fee, 75% LTV, min loan £35k, max loan £1m

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