Barclays is increasing rates across its Reward range for existing borrowers switching deals or seeking a further advance by up to 48 basis points.
From tomorrow the lender is raising prices on a wide range of products with high loan-to-value borrowers seeing the biggest jump in costs.
At 90 per cent LTV Barclays is increasing the following rates:
- 1.79 per cent two-year fixed, £999 product fee will increase to 2.24 per cent
- 2.06 per cent two-year fixed, £0 product fee will increase to 2.54 per cent
- 2.19 per cent five-year fixed, £999 product fee will increase to 2.59 per cent
- 2.34 per cent five-year fixed, £0 product fee will increase to 2.79 per cent
- Above 90 per cent LTV its 2.84 per cent five-year fixed, £0 product fee will increase to 2.94 per cent
- Also above 90 per cent LTV, its 2.84 per cent two-year fixed, £0 product fee will increase to 2.94 per cent
At 85 per cent LTV the following product transfer deals are rising:
- 1.62 per cent two-year fixed, £999 product fee will increase to 1.74 per cent
- 2.05 per cent two-year fixed, £0 product fee will increase to 2.15 per cent
- 1.68 per cent three-year fixed, £999 product fee will increase to 1.99 per cent
- 2.05 per cent three-year fixed, £0 product fee will increase to 2.29 per cent
- 1.9 per cent five-year fixed, £999 product fee will increase to 2.09 per cent
- 1.52 per cent two-year tracker, £999 product fee will increase to 1.92 per cent
- 2.06 per cent two-year tracker, £0 product fee will increase to 2.49 per cent
At 80 per cent LTV:
- 1.38 per cent three-year fixed, £999 product fee will increase to 1.58 per cent
- 1.69 per cent three-year fixed, £0 product fee will increase to 1.89 per cent
- 1.42 per cent two-year tracker, £999 product fee will increase to 1.67 per cent
- 1.91 per cent two-year tracker, £0 product fee will increase to 2.19 per cent
- 1.74 per cent offset two-year tracker, £499 product fee will increase to 2 per cent
- 2.24 per cent offset term tracker, £1,999 product fee will be withdrawn
At 75 per cent LTV:
- 1.25 per cent two-year fixed, £999 product fee will increase to 1.34 per cent
- 1.51 per cent five-year fixed, £999 product fee will increase to 1.58 per cent
- 1.72 per cent two-year tracker, £0 product fee will increase to 1.99 per cent
At 70 per cent LTV:
- 1.18 per cent two-year fixed, £999 product fee will increase to 1.3 per cent
- 1.84 per cent offset two-year tracker, £1,999 product fee will increase to 2 per cent
- 1.25 per cent rate switch only two-year fixed, £999 product fee, over 70 per cent LTV, will increase to 1.3 per cent
- 1.51 per cent rate switch only five-year fixed, £999 product fee, over 70 per cent LTV, will increase to 1.63 per cent
At 60 per cent LTV:
- 1.48 per cent two-year fixed, £0 product fee will increase to 1.54 per cent
- 1.28 per cent three-year fixed, £999 product fee will increase to 1.39 per cent
- 1.39 per cent three-year fixed, £0 product fee will increase to 1.68 per cent
- 1.3 per cent two-year fixed, £299 product fee will be withdrawn