LTV mortgage rates cut by Barclays

The average home in England and Wales cost £166,072 in June, according to the Land Registry.

Yorkshire BS cuts rates on 90% LTV mortgage range

The Yorkshire Building Society has announced that it has cut the rates on its 90 per cent LTV mortgage range as well as adding options for deals with lower fees.
Barclays cuts mortgage rates by up to 0.55%

Barclays is cutting charges on two-fifths of its mortgage products, with some rates falling by as much as 0.55 per cent.

Wednesday, 28 July 2010 12:00

Barclays has announced it is to cut rates on its 80 per cent loan-to-value (LTV) Woolwich mortgages.

A reduction of 0.21 percentage points will take place on a two-year fixed deal, from 4.59 per cent to 4.38 per cent.

The three and five-year fixed rates will also witness drops of 0.10 percentage points.

It was also revealed a drop-lock option for all new mortgage customers.

Andy Gray, head of mortgages at Barclays, said: "The drop-lock facility provides customers with peace of mind that they can go into a low tracker rate now."

He added they can then switch in the future when they desire increased security.