Barclays adds new 60% deals and cuts five-year fixed rates

Essex Home Finance
Barclays is to make changes to its residential purchase and remortgage range on Wednesday 28 October.
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Barclays is to make changes to its residential purchase and remortgage range on Wednesday 28 October.

As part of the changes, the bank is adding new 60% rates.

Changes include:

  • Introducing a new 60% LTV purchase only 2 Year Fixed rate and a new 85% LTV 2 Year Fixed rate, available for purchase and remortgage applications, for loans up to £2m
  • Introducing a new 60% LTV 3 Year Fixed rate, available for purchase and remortgage applications for loans up to £2m
  • Reducing rates on existing 60% and 80% 5 Year Fixed rates, available for purchase and remortgage applications for loans up to £5m (60% LTV) and £2m (80% LTV)

Original Article from Best Advice 27/10/20

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Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

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