Barclays unveils new residential mortgage rates.

Barclays has unveiled brand new rates for its residential mortgage and remortgage ranges.

As from now and for a maximum loan amount of £1 million, a 2 year fixed rate for up to 60% LTV is available at 1.46%. Barclays charges a product fee for this mortgage, which should be factored in when assessing all-around value.


If you prefer a 2 year fixed rate option with no fee to pay, Barclays offer an alternative for the same 60% LTV at a rate of 1.78%. the maximum loan value here, however, is £500,000.

If a longer term fixed rate of 5 years is what you require with no fee, Barclays offer a loan for up to £250,000 for up to 60% LTV at a rate of 2.14%. 

What if you don’t have a 40% deposit though? What options are available to you then and at what rates?

Deal Direct has the expertise you need to find the best rate for your deposit/equity level. We’ve been working for over a decade finding the best deals on offer from lenders all over the country to allow our clients to buy a first home, move up the property ladder, remortgage or purchase a second property/buy to let.

For no-obligation impartial advice based on what you need and what’s in your interest and not that of the lender, call us today.

Chat with us online or dial 0800 048 8828 now.

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Article published: Tuesday, July 17, 2018
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