Barclays to increases mortgage rates across Existing Customer Reward range

Barclays is set to increase its rates across its Existing Mortgage Customer (EMC) Reward range, from tomorrow (17th October) with adjustments of up to 0.05% applied to selected 2-, 3-, and 5-year fixed products.

The changes affect loans between 60% and 75% LTV for balances from £1,000 up to £10m.

Among the updates, the 2-year fixed at 60% LTV with a £999 product fee has increased from 3.83% to 3.88%, while the 5-year fixed at 75% LTV with no product fee has risen from 4.22% to 4.27%.

For higher-value lending, the 2-year fixed at 70% LTV with a £1,999 fee for loans between £2m and £10m has increased from 3.88% to 3.93%, and the 5-year equivalent has moved from 4.08% to 4.11%.

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