Barclays announces a new fee free low rate mortgage range.

With immediate effect Barclays has launched a new fee free mortgage range with rates starting at 1.85% fixed for 2 years for 60% LTV. 

The lender’s new 2 year range is from 60% LTV up to 90% LTV, and for those with a 10% deposit the rate is 3.65%.

There are new fee free 5 year fixed rate deals on offer too with rates starting at 2.65% for 60% LTV and 3.13% for up to 80% LTV.

In addition two new 2 year fee free trackers are also available at 1.79% for 75% LTV and 2.25% for 80% LTV.

All mortgages listed are available on loans up to £1 million.

mortgage

For those buyers with a smaller deposit the lender’s Help to Buy 2 mortgage has been reduced to 4.25%. This fee free deal is available up to a maximum loan value of £570,000.

If you want to climb on the property ladder, remortgage or invest in a buy to let now is to time review your options and lock in before rates begin to rise.

It’s only a matter of time before rock bottom rates start to increase and so call us at Deal Direct for a ‘whole of market’ mortgage comparison. We can search through and compare every lenders range market-wide to ensure you receive the best offer for your deposit level.

Don’t delay, contact us for impartial advice and a low rate quote on 0800 048 8828.

 

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Article published: Thursday, June 11, 2015
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