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  • Mortgages & Finance

    Lenders slash BTL mortgage rates to tempt LLs

    Barclays has reduced rates on buy-to-let and residential products, as part of a wider revamp of its product range, with BTL loans now available up to £2m at a maximum 60% loan-to-value (LTV), with a £500 cashback option on some packages and a free legal option on remortgages at 60% and 70% LTV.

    Higher-value borrowers at £500,000 to £2m now have the option of a two-year fixed rate deal at 1.54% and a five-year fix at 2.24%, both of which are available up to 60% LTV and come with a £1,950 fee.

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