Barclays makes series of product changes

Barclays is making a number of changes to its residential, buy-to-let and reward ranges. The changes take effect on Tuesday 10 November. In addition to reducing the rates on their existing 60% loan-to-value (LTV) 2-year fixed resi purchase and remortgage products, Barclays is introducing a selection of new 85% LTV residential products for loans between £5,000 and £2m. Key highlights include a 3.13% 2-year fixed, with no fee at 85% LTV which is purchase only and a 2.94% 3-year fixed, with a £999 fee at 85% LTV which is purchase and remortgage.

Barclays are also reducing rates across a range of their existing buy-to-let purchase and remortgage products and to a selection of products within their existing customer reward range.