Barclays makes rate reductions on resi and remortgage ranges
Barclays has this morning announced a number of changes to its residential, remortgage and Reward product ranges.
For purchase only, rates are reduced over three and five-year fixed products - with the Premier three-year fixed product at 60% reduced from 4.54% to 4.32% and a reduction of 0.29% on the five-year fixed rate at 75% LTV which will now sit at 4.44%.
Customers looking to remortgage will see reductions of up to 0.45% on a five-year fixed rate at 60% and 0.33% on its two-year fixed Premier product. Similar changes have been made to products applying to both purchase and remortgage customers.
On its Reward range for existing customers, rates have been reduced by up to 0.33%.
The changes will be effective as of tomorrow (Friday 17th May).
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
