Barclays fixed mortgage rate cuts from today

Contrary to predictions by George Osborne pre the EU referendum vote that borrowing costs would rise if we voted to leave the EU, rates are actually now falling after the vote to “Brexit”.

Barclays is cutting mortgage rates from today across its two, three, five and 10-year fixed, low LTV range.

Two-year fixed at 1.35%, 60% LTV (remortgage and rate switch)

Five-year fixed at 2.14%, 60% LTV (remortgage only)

Craig Calder, Director of Mortgages for Barclays reportedly said: “These changes to our fixed range of mortgage products demonstrates that Barclays, as a responsible lender, is continuing to offer home buyers and movers with even more choice, all supported by robust lending criteria.”

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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