Looking for a low rate fee free mortgage?
Barclays Bank has announced the introduction of several new fixed rate fee free deals at varying loan to value levels.
A spokesperson for the lender commented on the decision to offer more fee free products, stating Barclays desire to give home-buyers the best zero fee range market-wide.
Part of the range is a 40% deposit 2 year fix at 1.85%, which is an exceptionally low rate to be offered without a fee.
As well as zero fee options Barclays has also cut various 5 year fixed rates.
Reduced rate highlights include:
- A 5 year fix for 70% LTV at 2.59% with a £999 fee.
- A 5 year fix for 75% LTV at 2.69% with a £999 fee.
With fears of an interest rate rise subsiding trackers are beginning to look more attractive for borrowers. In response Barclays has launched a new 2 year tracker at 1.34% +base with a £999 fee.
In addition Barclays has also launched a 3 year fix where the rate reduces over the 3 year period. The deal is available at 85% LTV with a rate starting at 3.09%, reducing to 2.99% in the second year and 2.89% in the third year
If you would like to review Barclays' mortgage range, and find out about the newly introduced mortgage-holders Barclays Blue Rewards scheme, call us at Deal Direct on 0800 048 8828.
We can review deals offered by Barclays for your deposit level comparing them on a ‘like for like’ basis against the wider market.
Our advisers are dedicated to ensuring you end up with the most competitive mortgage for your needs.
For impartial advice and a low rate quote call us today.
Deal Direct are here to find you a competitive mortgage.
Call us on 0800 048 8828.
