Barclays will raise rates by up to 44 basis points on a range of residential and buy-to-let loans, as well as cutting cashback amounts on some deals and raising them on others.
Among the high street bank’s residential purchase loans, a two-year fixed-rate 75% LTV offer, with no product fee, lifts by 25bps to 3.95%. Minimum loan £5,000, Maximum loan £2m.
A five-year fixed-rate 90% LTV deal, with a £999 product fee, increases by 20bps to 4.09%. Minimum loan £5,000, Maximum loan £570,000.
Among its residential remortgage loans, a five-year fixed-rate 85% LTV offer, with a £999 product fee, rises by 20bps to 3.89%. Minimum loan £5,000, Maximum loan £2m.
A Great Escape five-year fixed-rate 85% LTV loan, with no product fee, lifts by 20bps to 4.11%. Minimum loan £50,000, Maximum loan £2m.
Among its residential purchase and remortgage loans, a two-year fixed-rate 60% LTV deal, with a £999 product fee, lifts by 36bps to 3.68%. Minimum loan £5,000, Maximum loan £2m.
A five-year fixed-rate 60% LTV loan, with a £999 product fee, rises by 44bps to 3.83%. Minimum loan £5,000, Maximum loan £2m.
Among its BTL purchase loans, a five-year fixed-rate 75% LTV deal, with a £1295 product fee, increases by 40bps to 3.46%. Minimum loan £35,000, Maximum loan £1m.
Among its BTL remortgage loans, a five-year fixed-rate 75% LTV offer, with a £1795 product fee lifts by 20bps to 3.50%. Minimum loan £35,000, Maximum loan £1m.
And among its BTL purchase and remortgage loans, a five-year fixed-rate 60% LTV deal, with no product fee rises by 20bps to 3.75%. Minimum loan £35,000, Maximum loan £1m.
A five-year fixed-rate portfolio 75% LTV, with a £2495 product fee, lifts by 20bps to 3.50%. Minimum loan £35,000, Maximum loan £1m.
Cashback is lifted to £400 from £300 on several residential remortgage loans where the borrower uses their own solicitor, including a two-year fixed-rate 60% LTV offer, with no product fee, at 3.85%. Minimum loan £50,000, Maximum loan £2m.
And a five-year fixed-rate 85% LTV deal, with no product fee, at 4.11%. Minimum loan £50,000, Maximum loan £2m.
Also, cashback is cut to £150 from £250 on several residential remortgage loans with free legals, including a Great Escape two-year fixed-rate 60% LTV offer, with no product fee, at 3.85%. Minimum loan £50,000, Maximum loan £2m.
And a 3.96% Great Escape five-year fixed-rate deal, with no product fee, at 75% LTV. Minimum loan £50,000, Maximum loan £2m.