Mortgage Strategy - Barclays offers 3.96% on green five-year fix deal
Barclays has confirmed from 4 March it is making further reductions to mortgage rates including one to 3.96%.
This rate (previously 3.99%) is offered on the lender’s Green Home five-year fixed, £899 product fee, 60% LTV.
Commenting on the rate changes Trinity Financial product and communications director Aaron Stutt said: “It is great to see Barclays lowering its five-year fix as the move does highlight that there is a real competition between the lenders to attract customers. We may well see other lenders lowering their rates this week.
“Although there does seem to be a catch with many of the lenders offering sub-4% rates where applicants either need to earn over £75,000, be borrowing over £300,000 or have a property with a high energy efficiency rating.”
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