Barclays makes further rate cuts across product range Mortgage Strategy

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Following a further review of its mortgage range, Barclays has confirmed it will further reduce rates by as much as 20 basis points on a selection of products.

This includes for residential purchase only:

  • 5.43% five yearr fixed £899 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.23%
  • 5.53% five year fixed £0 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.33%
  • 5.60% five year fixed £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 5.40%
  • 5.50% Green Home five year fixed £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 5.30%
  • 6.84% Springboard five year fixed £0 product fee, 95% LTV, Min loan £5k, Max loan £500k, will decrease to 6.64%
  • 6.89% Springboard five year fixed £0 product fee, 100% LTV, Min loan £5k, Max loan £500k, will decrease to 6.69%
  • 7.32% Mortgage Guarantee five year Fixed £0 product fee, 95% LTV, Min loan £25k, Max loan £570k, will decrease to 7.12%

Remortgage only:

  • 5.63% five year fixed £999 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.43%
  • 5.85% Great Escape five year fixed £0 product fee, 85% LTV, Min loan £50k, Max loan £2m, will decrease to 5.65%

New product – remortgage only:

  • 5.24% Premier five year fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m

Product withdrawal – remortgage only

  • 5.36% Premier two-year fixed £999 product fee, 75% LTV, Min loan £5k, Max loan £2m

Buy-to let -purchase only

  • 6.55% two year tracker £1295 product fee, 60% LTV, Min loan £35k, Max loan £1m, will decrease to 6.48%
  • 6.57% two year tracker £1295 product fee, 75% LTV, Min loan £35k, Max loan £1m, will decrease to 6.50%
  • 6.20% five year fixed purchase only £1,295 product fee, 75% LTV, Min loan £35k, Max loan £1m, will decrease to 5.42%
  • 6.10% Green Home BTL five year fixed £,1295 product fee, 75% LTV, Min loan £35k, Max loan £1m, will decrease to 5.32%

Remortgage only

  • 5.79% five year fixed remortgage only £0 product fee, 60% LTV, Min loan £35k, Max loan £1m, will decrease to 5.53%
  • 6.05% five year fixed remortgage only £1,795 product fee, 75% LTV, Min loan £35k, Max loan £1m, will decrease to 5.30%
  • 6.20% five year fixed remortgage only £0 product fee, 75% LTV, Min loan £35k, Max loan £1m, will decrease to 5.58%

Purchase & remortgage:

  • 6.61% two-year fixed £2,495 product fee, 60% LTV, Min loan £1m, Max loan £2m, will decrease to 6.50%

Existing mortgage customer (EMC) reward range – residential:

  • 5.27% EMC Reward five-year fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 5.24%
  • 5.63% EMC Reward five-year fixed £999 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.43%
  • 5.85% EMC Reward five-year fixed £0 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.65%

Buy to let:

  • 5.30% EMC Reward BTL five year fixed £1,795 product fee, 65% LTV, Min loan £5k, Max loan £1m, will decrease to 5.29%
  • 5.63% EMC Reward BTL five year fixed £0 product fee, 65% LTV, Min loan £5k, Max loan £1m, will decrease to 5.53%
  • 5.60% EMC Reward BTL five year fixed £1,795 product fee, 75% LTV, Min loan £5k, Max loan £1m, will decrease to 5.30%
  • 5.75% EMC Reward BTL five year fixed £0 product fee, 75% LTV, Min loan £5k, Max loan £1m, will decrease to 5.58%
  • 6.61% EMC Reward BTL five year fixed £1,795 product fee, 60% LTV, Min loan £1m, Max loan £2m, will decrease to 6.50%

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