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Barclays’ 5yr fixed mortgage improved

Barclays’ 5yr fixed mortgage improved

Category: Mortgages
Date: 24/11/2017

Barclays Mortgage has reduced the rate on its five-year fixed deal by 0.20%, making it the lowest offer for its terms, which has deservedly earned it a place in the Best Buys as well as our highest rating.

The basics…

This mortgage now offers a competitive rate of 2.49%, fixed to 31.01.2023, at 90% loan-to-value (LTV). It comes with a fee of £999.

The finer details…

This deal is offered to all borrowers with the necessary deposit. It offers free valuation fees to house purchase customers (for properties valued at up to £2 million), and free legal and valuation fees for remortgagors. It also comes with the option to make overpayments, provided certain conditions are met.

Why we like it…

Given this deal's market-leading low rate for those with a 10% deposit, it's easy to see why it has earned a competitive position in the Best Buy chart for its sector as well as our highest rating.

Moneyfacts rating: Outstanding

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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