Barclays has launched two 85% loan-to-value (LTV) products within its Barclays Green Home Mortgage range.
The products are a 2-year fix at 3.04% and a 5-year fix at 3.14%. Both include a maximum loan value of £500,000.
Barclays Green Home Mortgages is available for residential purchase applications on qualifying new build properties.
However, the property must be associated with one of Barclay’s partner housebuilders, with intermediary applications are accepted from a designated panel of brokers who serve each of these partner firms.
The news follows Barclays’ recent launch of a host of residential and buy-to-let purchase and remortgage products.