Barclays is set to reduce rates across a number of its residential mortgage products from Friday, 24 October, with particular focus on its higher loan-to-value (LTV) range, including 95% mortgages.

The changes include reductions of up to 0.1 percentage points on several fixed-rate deals, alongside the launch of a new five-year fixed product at 80% LTV with no product fee.

Among the key updates, the 95% LTV five-year fixed with no product fee will fall from 4.87% to 4.82%. At 75% LTV, the five-year fixed with an £899 fee will drop from 4.14% to 4.05%, while the 60% LTV equivalent will decrease from 4.11% to 4.01%.

For environmentally focused borrowers, the Green Home five-year fixed at 60% LTV will reduce from 4.01% to 3.91%.

In addition, Barclays is introducing a new five-year fixed at 4.28% with no product fee, available up to 80% LTV for loans between £5,000 and £2 million.

Cuts have also been made to the bank’s two-year fixed range. The 95% LTV version will reduce from 4.92% to 4.87%, while 60% and 75% LTV options will see similar small decreases across both standard and Premier ranges.

Barclays’ green range also benefits, with two-year fixed rates falling to 3.96% at 60% LTV and 3.98% at 75% LTV. The Green Home five-year fixed at 75% LTV drops to 3.95%.

The bank said the updates are designed to support borrowers seeking competitive long-term fixed options amid improving rate conditions and steady demand at higher LTVs.