Barclays has announced rate reductions across its existing customer Reward range, effective from tomorrow.
Rates have reduced by 15bps on selected products, with two-year fixed rates at 85% LTV down to 5.07% with a £999 product fee or 5.28% fee-free.
Five-year fixed rates at 85% LTV now start from 4.79% with a £999 fee and 4.88% fee-free.
As part of the changes, Barclays is withdrawing selected products in its residential purchase only range, including a two-year fixed rate at 85% LTV and two five-year fixed rate products at 75% and 85% LTV.
The latest round of reductions follow recent cuts across its two, three and five-year fixed rate purchase and remortgage ranges, alongside selected products for existing customers.
