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Buy to Let

Barclays launches 10 new buy-to-let products

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
09/09/2015

The buy-to-let range offered by Barclays has been overhauled, with the lender launching 10 new products.

The lender has chosen to reduce rates across its buy-to-let range from today, Thursday 10 September 2015.

Rates now include a two-year fix from 2.19% and a five-year fix at 3.20% for those landlords wishing to lock in for a longer period.

Tracker buy-to-let mortgages include a two-year deal at 2.15% for those with a 40% deposit and a 2.65% two-year tracker up to 75% loan-to-value. Both of these products come with a £1,499 fee.

Your Mortgage reported earlier today that research by property agents eMoov found that Durham was the top location for buy-to-let investment in university towns. The North East city came out top when both average property prices and academic reputations were considered.

Barclays is also making changes to its residential range of mortgages. New products include a three-year fix at 2.72%, available up to 85% loan-to-value with a £999 fee.

Also on offer is a two-year fix at 2.09% up to 85% LTV and a five-year fix at 3.19%.

The lender has also reduced its ‘Great Escape’ remortgage product to 2.99%. The two-year fix comes with no product fees.


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