Barclays further reduces mortgage rates

Barclays has reduced mortgage rates by as much as 0.20% on a selection of products across its residential and buy-to-let (BTL) new lending and Reward ranges.

Key residential remortgage highlights include a reduced 5-year fixed rate with £999 product fee, up to 85% loan-to-value (LTV) at 5.43%.

The lender will also be reducing a 5-year Great Escape fixed rate product with zero fee, up to 85% LTV at 5.65%.

Barclays is also set to launch a 5-year fixed rate with £999 product fee, up to 60% LTV, at 5.24% – available for Barclays premier qualifying customers only.

The changes will be effective from tomorrow, Wednesday 18th October.

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