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%.

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.