Barclays reduces 60% and 90% LTV mortgage rates in response to UK mortgage lender competition.
Barclays has announced new mortgage rate reductions, cutting the rate of 60% LTV loans from 4.98% to 4.67%, and 90% LTV loans from 5.05% to 4.75%. This move follows increased competition among UK mortgage lenders, aiming to attract new customers with lower rates. Homebuyers and property owners may benefit from these reductions, potentially leading to lower monthly payments and increased affordability.
June 24, 2024
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