Barclays has announced a series of rate reductions across its residential purchase and remortgage ranges.
The lender has also launched a new remortgage only Great Escape five-year fixed rate at 4.68%, available up to 75% LTV with no product fee.
In Barclays' residential purchase range, rates have reduced by up to 0.33%, with the largest reduction to a five-year fixed rate at 75% LTV, down to 4.24% with no product fee.
Elsewhere, two-year fixed rate reductions include a Premier product at 60% LTV, reducing to 4.49% with an £899 product fee. 60% LTV two-year fixes have also reduced to 5.52% for a standard product with an £899 fee and 4.71% fee-free.
Five-year fixed rates now start from 4.08% for a Premier product at 60% LTV and 4.09% for the standard rate.
For remortgages, a Premier two-year fixed rate at 60% LTV has reduced by 33bps to 4.67% with a £999 fee, with a standard product down by 31bps to 4.70%. A two-year fix at 75% LTV has also decreased by 20bps to 4.95% with a £999 fee.
Five-year remortgage rates have decreased to 4.31% at 60% LTV for a Premier product and 4.36% for the standard rate, both with a £999 fee, while a 75% LTV five-year fix has reduced by 15bps to 4.50%.
The rate cuts follow reductions of up to 0.43% across existing customer products last week.
