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19 December: Rates Cut By Up To 0.43% From Wednesday
Barclays is cutting selected fixed rate mortgage deals by up to 0.43% across residential and buy-to-let borrowing, effective tomorrow (20 December), writes Jo Thornhill.
The lower rates are available for new customers. Selected product transfer deals, for existing mortgage customers, will also be cut.
The bank is offering a two-year fixed rate for home purchase at 4.62% with a £899 fee. This is available to buyers with at least 40% cash deposit (60% loan to value).
For remortgage customers, Barclays has two-year fixed rate deals from 4.98% with a £999 fee (60% LTV). Premier banking customers can get the same deal at a slightly lower rate of 4.95%.
It is also offering a five-year fixed rate for home purchase or remortgage at…
