Barclays cuts purchase and remortgage rates by up to 0.25%

Five-year purchase products and two-year remortgage products will benefit from the reductions.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
26th March 2024
Barclays

Barclays is reducing rates on a selection of residential purchase and remortgage products by up to 0.25%.

From tomorrow, 27th March, a two-year fixed rate remortgage product at 75% LTV is reducing from 4.90% to 4.70% with a £999 product fee.

A 'Great Escape' two-year fixed rate at 75% LTV is reducing by 25bps to 4.95% with no product fee.

In Barclays' residential purchase range, a Premier five-year fixed rate at 60% LTV is decreasing to 4.16% with a £699 product fee, while a standard five-year fix at 60% LTV is reducing to 4.17% with an £899 fee.

The last reduction to rates was at the end of January when a range of residential purchase five-year fixed rates were reduced by 0.30%.

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