90% LTV Barclays mortgage deals are launched for first time buyers.
If you are a first time buyer with a 10% deposit, a new range of Barclays mortgage deals have been launched which may be of interest.
For 90% LTV the lender has launched two new deals. One fee free, and the other with a fee of £499 for Barclays current account holders and £999 for those without an account.
Barclays mortgage highlights:
- A 2 year fixed rate mortgage for 90% LTV at 4.29% fee free.
- A 2 year fixed rate mortgage for 90% LTV at 3.99% with a fee.
In addition the lender has announced the launch of two new Barclays mortgage deals for those remortgaging.
Remortgage highlights:
- A 2 year fixed rate remortgage for 60% LTV at 2.45%
- A 2 year fixed rate remortgage for 60% LTV at 2.69%
The first deal is based on a mortgage advance of £100,00 to £500,000, and the second on a mortgage advance of £50,000 to £100,000. Both mortgage deals have been launched fee free.
While Barclays 2 year fixed mortgage rates are falling, its 5 year fixed mortgage rates are not.
The lender has announced an increase to several of its 5 year fixes, for example for up to 65% LTV its rate has increased by 0.17% to 2.95%.
If you are looking for a Barclays mortgage call 0800 048 8828 for a quote.
When you speak to an independent adviser at Deal Direct, they will compare Barclays' mortgage rates against alternative offers in the wider market, to find you the one that is the most affordable.
For advice and a quote call 0800 048 8828 today.
