Barclays are the latest High Street lender to lower rates.

Tuesday 10th December will see Barclays lower rates on a selection of products across their purchase and remortgage ranges.

Swap rates continue to improve

Although not at the lower levels seen throughout September, ￡ swap rates have softened from the recent highs of late October, early November. Some lenders now appear more comfortable in the current environment, and Barclays are the latest to offer cuts to its current range.

HSBC also improved rates last week, making dozens of reductions on December 03rd.

Barclays mortgage product changes for Dec 10th.

Key Purchase product highlights:

• 4.34% 5 Year Fixed ￡0 product fee, 60% LTV, Min loan ￡5k, Max loan ￡2m, will decrease to 4.20%
• 4.18% 5 Year Fixed ￡899 product fee, 60% LTV, Min loan ￡5k, Max loan ￡2m, will decrease to 4.11%
• 4.27% 5 Year Fixed ￡899 product fee, 75% LTV, Min loan ￡5k, Max loan ￡2m, will decrease to 4.22%.

Key Remortgage product highlights:

• 4.17% 5 Year Fixed ￡999 product fee, 60% LTV, Min loan ￡5k, Max loan ￡2m, will decrease to 4.12%
• 4.30% 5 Year Fixed ￡999 product fee, 75% LTV, Min loan ￡5k, Max loan ￡2m, will decrease to 4.25%
• 4.36% Great Escape? 5 Year Fixed?￡0 product fee, 60% LTV, Min loan ￡50k, Max loan ￡2m, will decrease to 4.26%.

To discuss your mortgage with a whole of market broker, contact me here:

Website: cw-mortgages.co.uk

Call: 01708 535 946

Email: [email protected]

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