Barclays launches two new Help to Buy mortgage deals.
Barclays Bank has announced that it is enhancing its range with the addition of two new Help to Buy deals.
The first new deal is a 75% LTV mortgage fixed for 2 years at 3.19%. The deal is offered free free and is available under the Government's shared equity scheme.
The second deal is a fee free 95% LTV product launched under the Help to Buy mortgage scheme. Its a 2 year fixed rate and is available at 4.99% on property valued up to £570,000.
In addition the lender has also announced a rate cut to its 2 year 85% LTV fixed rate mortgage, which is now on offer at 3.28% which is a 0.41% reduction. Fees are set at £999 or a lower £499 for Barclays current account customers.
For those with a slight lower deposit the lender has reduced its rates on two 90% LTV deals. A 2 year fix is now on offer at 4.19% and a 5 year fix at 4.99%. Both products come with a fee of £999 or £499 for Barclays current account customers.
If you would like to review Barclays new range and make a comparison against the wider market to find the one which is most competitive at your deposit level, speak to an adviser at Deal Direct.
Call us for impartial advice and a low rate quote.
0800 048 8828.
