Barclays is launching a range of new products designed to appeal to first-time buyers and second movers.

It is also reducing rates on a selection of existing products by up to 30 basis points (bps) across its residential purchase only range.

All rates will be effective from Friday 4 October.

New products are as follows:

Residential – Purchase Only

• 4.85% Premier 2 Yr Fixed  £899 product fee, 90% LTV, Min loan £5k, Max loan £570k.
• 3.92% 5 Yr Fixed  £0 product fee, 60% LTV, Min loan £5k, Max loan £2m

Existing product decreases are as follows:

Residential – Purchase Only

• 4.19% Premier 2 Yr Fixed  £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.96%
• 4.22% 2 Yr Fixed  £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.99%
• 4.43% 2 Yr Fixed  £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 4.35%
• 4.55% 2 Yr Fixed  £899 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 4.46%
• 5.38% 2 Yr Fixed  £0 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 5.13%
• 4.65% 5 Yr Fixed  £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 4.47%
• 4.60% Premier 5 Yr Fixed  £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 4.42%
• 4.33% Green Home 2 Yr Fixed  £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 4.25%
• 5.28% Green Home 2 Yr Fixed  £0 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 5.03%
• 4.55% Green Home 5 Yr Fixed  £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will decrease to 4.37%
• 5.80% Springboard 5 Yr Fixed  £0 product fee, 95% LTV, Min loan £5k, Max loan £500k, will decrease to 5.30%
• 5.84% Springboard 5 Yr Fixed  £0 product fee, 100% LTV, Min loan £5k, Max loan £500k, will decrease to 5.54%
• 5.80% Mortgage Guarantee 2 Yr Fixed £0 product fee, 95% LTV, Min loan £25k, Max loan £570k, will decrease to 5.50%
• 5.56% Mortgage Guarantee 5 Yr Fixed £0 product fee, 95% LTV, Min loan £25k, Max loan £570k, will decrease to 5.26%

Remortgage Only

• 5.82% 2 Yr Fixed  £999 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 5.32%
• 5.03% 5 Yr Fixed  £999 product fee, 85% LTV, Min loan £5k, Max loan £2m, will decrease to 4.93%