Barclays cuts rates across Scotland HTB range

Barclays has announced it will reduce rates across its Scotland Help to Buy range, effective from 31 May.

In addition, the lender has extended the end dates on its residential and buy-to-let products to 31 October.

The rate cuts include the 80 per cent LTV two-year fix reduced from 1.71 per cent to 1.65 per cent, and the 80 per cent LTV two-year fix, from 1.99 per cent to 1.86 per cent.

Both products have a maximum loan value of £160,000, and the former includes a £499 fee, while the latter has no fee.

The lender has also reduced rates on the 80 per cent LTV five-year fix product, from 2.17 per cent to 2.07 per cent, and the 80 per cent LTV five-year fix from 2.29 per cent to 2.13 per cent.

The two deals both have a maximum loan value of £160,000, and the former has a £499 fee, while the latter includes no fees.

All the four products listed above are within the lender’s Scotland HTB range.

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