Barclays adds 85% LTV mortgages to its Green range

Img

The ‘Green’ mortgages are available for residential purchase on qualifying new build properties from one of Barclay’s partner house builders.

Barclays said intermediary applications for the Green Mortgages would be accepted from a designated panel of brokers who served each of these partner firms.

The new Green Home mortgages come in the shape of two and five-year fixed rates and are fee-free.

They were launched in the same week Barclays unveiled a new suite of residential and buy-to-let products with LTVs of up to 75% with both fixed and tracker rates.

These included the following products:

  • New 75% LTV Residential two Year Tracker rates, available for purchase and remortgage applications for loans up to £2m
  • New 75% LTV Residential two and five-year fixed rates, available for purchase and remortgage applications for loans up to £2m
  • New 70% LTV buy-to-let two and five-year fixed rates, available for BTL, purchase and remortgage applications, and introducing two new rates for Portfolio Landlords