Please be advised we are making changes across our Residential, Buy to Let and Reward ranges effective tomorrow, Tuesday 16th June, 2020
Key Changes
Following the return of physical valuations, there are signs that activity within the purchase market is increasing.To further support the recovery, we are pleased to confirm the following product changes:
- Introducing reduced rate and new 60% and 75% LTV 2 Year Fixed rates, available for loans up to £5m
- Introducing competitive new Help to Buy products to complement our existing offering
- Introducing a new Buy to Let Portfolio Landlord* 75% LTV 2 Year Fixed product.
Product Change Highlights:
- Reduced Residential 1.18% 2 Year Fixed, £999 fee, 60% LTV, Loans £5k – £5m – reducing to 1.14% (Purchase only)
- New Residential 1.75% 5 Year Fixed, £0 fee, 75% LTV, Loans £5k – £5m (Purchase only)
- New Buy to Let Portfolio Landlord* – 2.11% 2 Year Fixed, £1,795 fee, 75% LTV, Loans £35k – £1m (Purchase and Remortgage)
Please view our rate overview document.for full details.
Please view our new Intermediary and Reward range rate sheets and see below for key timelines for when products are being launched and withdrawn.
*Please be advised we will only accept applications from portfolio landlords on our portfolio landlord products. As per the PRA definition, portfolio landlords are those with four mortgaged rental properties or more across all lenders.
Why choose Barclays for purchase?
