Barclays two year fixed rate mortgage launched

Barclays has launched a two year fixed rate mortgage together with Woolwich, which comes with a rate of 4.89 per cent.

The Barclays two year fixed rate mortgage also comes with no arrangement or application fees for customers.

And for those remortgaging or switching lenders, there are no legal or valuation costs.

Furthermore, there are no early repayment charges, after the initial two year fixed rate period.

The Barclays two year fixed rate mortgage has been launched together with a five year fixed rate deal that comprises the same features, but has a rate of 4.99 per cent.