Barclays has announced rate reductions of up to 0.31% across its residential purchase range.
Available from tomorrow, a Premier two-year fixed rate at 60% LTV is decreasing from 4.98% to 4.67% with a £899 product fee. A standard two-year fix at 60% LTV is reducing to 4.68% with a £899 fee and a fee-free alternative has reduced to 4.88%.
Two-year fixes at 75% LTV now start from 4.74% for a Premier product, 4.75% with a £899 fee, and 4.98% fee-free.
At 85% LTV, two-year fixed rates have reduced to 4.93% with a fee and 5.15% fee-free, while a 90% LTV two-year fix with no fee has reduced from 5.76% to 5.48%.
Five-year fixed rate reductions include 60% LTV products at 4.25% with a £699 fee or 4.23% with a £899 fee.
At 75% LTV, five-year fixes have reduced to 4.38% with a £899 fee and 4.52% fee-free, while 85% LTV products are down to 4.57% and 4.75% respectively.
In Barclays' green home product range, two-year fixed rates have reduced to 4.88% at 75% LTV and 5.38% at 90% LTV, both with no fee. A five-year fixed rate at 90% LTV has also decreased to 4.75% with a £999 fee.
