Home Mortgage Barclays cut BTL rates by up to 0.1%

Barclays cut BTL rates by up to 0.1%

by Rajiv
Barclays cut BTL rates by up to 0.1%

Barclays is cutting selected rates by up to 10 basis points on its fixed buy-to-let mortgage range with all products coming with a £999 product fee.


Barclays has cut rates across its two, three, five and seven-year fixed rates. 


A Barclays statement stated: “These changes will ensure we provide a wide range of competitive options for customers whether they are looking to purchase or remortgage, or for existing Barclays mortgage customers who are looking to either rate switch or take further borrowing.” 



Barclays launched a range of new buy-to-let mortgage products last week. 


The newly introduced deals included a buy-to-let remortgage range, including a two-year fixed rate product at 1.86% and a five-year deal at 2.19%. 


Both mortgage products are subject to 75% loan-to-value, at a minimum loan of £35,000 and maximum of £500,000, and are subject to a £1,795 product fee. 


In addition, there is a two-year fixed rate deal at 2.55%.

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