Barclays reduces residential mortgage rates for 2, 3 and 5 years

Barclays reduces residential mortgage rates for 2, 3 and 5 years

Barclays reduces residential mortgage rates for 2, 3 and 5 years

The FINANCIAL -- This week, (Friday 26 June) Barclays is introducing a selection of new residential remortgage products and additionally reducing rates on thirteen mortgage products.

The reduced rates are highly competitive 2, 3 and 5 year fixed rates, and tracker purchase only residential mortgages, on 85 per cent and 90 per cent LTV’s are designed to save customers money on their monthly mortgage payments, according to Barclays.

Andy Gray, Managing Director of Mortgages for Barclays, said: “We know how important a low monthly payment is for borrowers and we are doing our bit to help people save money with the launch of some of the lowest residential remortgage rates in the market.

“This is another great example of Barclays helping more customers to achieve savings when buying a first home, remortgaging or those looking to take their next step on the property ladder.”