Barclays mortgage rates fall by up to 0.1%
Barclays has announced that its fixed mortgage rates have been cut by 0.1%, rates now start from just 2.30%.
A spokesperson for the lender, mortgage director Andy Grey, commented on the decision to reduce rates saying that this latest Barclays mortgage rate reduction shows the bank's commitment to providing its customer with low rate mortgages at lower deposit levels.
For those with a 25% deposit a 2 year fixed rate mortgage is now available for 75% LTV at 2.30%. The mortgage fee on this deal has been set at £999.
For those with a smaller 15% deposit, an 85% LTV 2 year fixed rate mortgage is now on offer at 3.25%, fees have been set at £999.
In addition Barclays has released 3 year fixed rate mortgages for both 85% and 90% at 3.69% and 4.65% respectively. Mortgages arrangement fees have been set lower at £499.
New to the residential range is a 5 year fixed rate mortgage for 75% LTV at 3.29% with a £999 fee.
Not all rates have however fallen, Barclays 5 year fixed rate mortgage for 60% LTV has been increased from 3.09% to 3.25%. On a positive note there is no fee to pay on this deal.
If you are looking for a mortgage and would like to make a comparison of all lenders mortgage ranges UK wide you are advised to call Deal Direct.
We are an independent 'whole of market' broker with access to the best mortgage rates on offer.
Call today on 0800 048 8288 for advice and a quote.
