By using this website, you agree to our use of cookies to enhance your experience.
Written by rosalind renshaw

Barclays, through its mortgage arm Woolwich, is today extending its range of fixed rate mortgage deals to 90% LTV, including a fee-free three-year fixed rate at 4.99%.

The 90% range also includes a five-year fixed rate at 5.49% with no application fee for customers who qualify for a Barclays Loyalty mortgage, and a £499 fee for all other borrowers.

All the deals revert to a lifetime tracker of 3.39% above base after the fixed rate period ends. All 80 and 85% LTV mortgages will be maintained at their current rates.

Andy Gray, head of mortgages for Barclays, said: “As one of the UK’s largest lenders, we recognise the importance of supporting the first-time buyer market which is why we’ve committed today to extend our lending to 90%.”

The 90% LTV deal means a typical first-time buyer purchasing a home at £150,000 would require a mortgage of £135,000 and will pay £788.41 a month on the three-year fixed rate deal at 4.99%.

The minimum loan available at 90% LTV is £50,000 and the maximum is £500,000.


MovePal MovePal MovePal