From tomorrow Barclays will cut rates on a selection of products across its residential, buy-to-let and reward ranges.
In its residential range for purchases and remortgages there are two 5-year fixes, both with a £999 product fee, one at 60% LTV will be cut from 1.81% to 1.79%, the other at 75% will be reduced from 1.96% to 1.88%.
There’s also a 2-year fixed with a £999 product fee, at 75% LTV, which will be cut from 1.57% to 1.52%.
With buy-to-let range for purchases and remortgages the 2-year fixed rate with a £1,749 product fee at 75% LTV will be cut from 1.77% to 1.68%.
Without a product fee there’s a 2-year at 75% LTV which will be cut from 2.56% to 2.47%, and within its premier choice range, the 2.55% 2-year fix without a fee, at 75% will decrease from 2.55% to 2.46%.
Furthermore, the 2.75% 5-year fixed at 75% LTV with a £1,745 product fee, will be reduced to 2.35%
Within its remortgage range Barclays will increase its cashback offered on its great escape products from £300 to £400.
There are two 2-year fixes both without a fee, one at 60% LTV which will be reduced from 1.97% to 1.95% and one at 75% LTV which will be cut from 1.99% to 1.97%.