Mortgage Strategy - Price war hots up as Barclays undercuts rivals with 3.83% deal

Aaron Strutt Image

Barclay is the latest of the giant UK lenders to introduce sub-4% mortgage loans – following hot on the heels of Natwest and HSBC.

Barclays has confirmed that its 4.03% Premier five-year fixed £899 product fee, 60% LTV, min loan £5k, max loan £2m, will decrease to 3.83%

Commenting on the latest offers from Barclays Trinity Financial product and communications director Aaron Strutt said: “It is hard to argue that a 3.84% five-year fix does not offer good value for money, even with some of the ultra-cheap rates we have had in recent times."

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