Thisismoney.co.uk - Barclays cuts mortgage rates for home buyers with smaller deposits
Barclays has cut mortgage rates for home buyers with smaller deposits.
The high street bank is now offering the only sub-4 per cent deal on the market for someone buying with a 20 per cent deposit.
Aaron Strutt, product and communications director at London-based Trinity Financial hopes the rate cuts will breathe some life back into the market.
He told Thisismoney.co.uk: 'Some of the best buy rates are coming back down again, which is welcome news given that more price hikes had been predicted.
'Nationwide and Halifax have already lowered their prices so Barclays is probably reacting to their changes. The upcoming Budget seems to have taken some of the heat out of the property market, so once again rates need to drop to liven things up.'
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