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Barclays relaunches 90 per cent mortgages

Written by: Lana Clements
The lender is the latest to return to the high loan-to-value sector, for those borrowers with a 10% deposit
Barclays relaunches 90 per cent mortgages

Barclays will once again offer 90 per cent loan to value (LTV) mortgages after pulling the deals during the Covid crisis.

The lender will offer two five-year fixes for borrowers with a 10 per cent deposit or equity, from tomorrow 11 December across residential purchase and remortgage.

First-time buyers purchasing new-build homes are among those who will be able to access the deals, which are offered across residential and remortgage ranges.

Rates are 3.65 per cent with a £999 fee, or 3.79 per cent fee-free on loans up to £500,000.

The lender is also reducing rates by up to 0.16 per cent across select 75, 80 and 85 per cent LTV mortgages.

Barclays is the latest lender to step back into 90 per cent LTV lending in recent weeks giving borrowers with smaller deposits more choice.

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