News
Barclays offers remortgage rates from 1.49%
Written By:
Paula John
Posted:
Updated:
02/02/2015
Barclays announced a limited edition range of fixed rates exclusively for remortgage borrowers.
The range is available for two weeks and starts at 1.49% fixed for two years at 60% LTV with fee-free options and five-year fixed rates starting from 2.39%.
To take advantage of these limited edition products homeowners will need to be in a position where they are able to complete before 31 March 2015.
Barclays has also extended its recently introduced loan-to-income (LTI) cap to apply to all its mortgage products.
Last week, Barclays announced that an LTI cap of 4.5 times an applicant’s income would apply to cases above 80% loan-to-value. The lender has now extended this to cover all of its mortgages.