Barclays hopes to attract new business from landlords by remaining competitive in their buy-to-let pricing.
The bank, which has reduced rates across its buy-to-let – and residential – ranges, has also has also reduced all £1,950 buy-to-let fees to £1,795 and is removing the ERCs on the majority its fee based tracker products.
Barclays recently cut its buy-to-let rates, with two-year fixed rate deals now starting from 1.5% up to 60% loan-to-value (LTV).
There is also a 75% LTV two-year deal available at 1.79%, which like the 60% LTV deal comes with a £1,950 arrangement fee.
Buy-to-let investors looking for a longer term deal will find that there are also five-year fixed rate products available at 2.19% to 60% LTV and 2.57% to 75% LTV, both with a £1,950 fee.
These buy-to-let products are available for both purchase and remortgages.