New rate cuts from Barclays

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Barclays has made more changes to products across its residential purchase, remortgage and Reward ranges.

These changes see reductions in a selection of 60%, 80% and 85%  two and five-year fixed rates by up to 0.18 percentage points.

in addition, Barclays is cutting the rates on each of its 90% LTV two and five-year fixed rates (available for first-time buyers and next time buyers for all property types, including new build) which includes a 0.17 percentage point reduction to its five-year fixed with a £999 fee.

Key purchase rate changes:

  • Reduced – 3.55% two-year fixed, £999 fee, 90% LTV – reducing to 3.48%
  • Reduced – 3.75% two-year fixed, £0 fee, 90% LTV  – reducing to 3.72%
  • Reduced – 3.65% five-year fixed, £999 fee, 90% LTV – reducing to 3.48%
  • Reduced – 3.79% five-year fixed, £0 fee, 90% LTV – reducing to 3.72%

Key remortgage changes:

Barclays is also reducing the rates on a selection of its two and five-year fixed rates including two of its £0 product fee Great Escape products.

  • Reduced – 2.08% Great Escape two-year fixed, £0 fee, 75% LTV – reducing to 1.88%
  • Reduced – 2.82% five-year fixed, £999 fee, 85% LTV  – reducing to 2.71%
  • Reduced – 1.79% Great Escape five-year fixed, £0 fee, 60% LTV – reducing to 1.69%

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