Barclays cuts mortgage rates range wide.

Barclays has announced that mortgage rates on several deals in both its residential and buy to let range have been cut by up to 0.3%.

 

For those with a 20% deposit a 80% LTV 2 year fix is now on offer at 2.65% which is down from 2.79%. For those with a smaller 10% deposit a 2 year fix for 90% LTV is now available at 3.9%.

 

In addition to cutting rates Barclays has also launched various new products.

 

A 3 year fixed rate mortgage has been released at 2.49% for those with a 30% deposit, and for those with a 20% deposit the rate is 2.49%. For home-owners looking for longer term security the lender has launched a 5 year fix for 75% LTV at 3.49%.

 

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Its buy to let mortgage range has also been enhanced and rates cut. For investment landlords with a 40% deposit a 2 year fix is on offer at 2.99%. For landlords wanting a tracker deal Barclays has launched a 2 year deal for 60% LTV at 2.79%, and at 2.99% for those with a 25% deposit.

 

In addition its Help to Buy range has been extended to include new products, if you would like to find out more about what new deals on are offer call 0800 048 8828.

 

To review all mortgage products market-wide on a 'like for like' basis speak to one of our impartial advisers today. We can search the market on your behalf to find you the best deal for your financial circumstances and deposit level.

 

Contact an adviser on 0800 048 8828.

 

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Article published: Wednesday, May 28, 2014
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