Barclays is cutting rates tomorrow on a selection of products across its residential, buy-to-let and Reward ranges and introducing new products.
Changes include launching two new five year fixed rates at 60% and 75% LTVs.
Barclays is also increasing the cashback offered on its Great Escape products from £300 to £400.
Changes are as follows:
Residential
Purchase/Remortgage
- 1.57% 2 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.52%
- 1.68% 2 Year Fixed, £999 product fee, 85% LTV, Min loan £5,000, Max loan £375,000 will decrease to 1.63%
- 2.19% 3 Year Fixed, £0 product fee, 85% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 2.15%
- 1.81% 5 Year Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.79%
- 1.96% 5 Year Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.88%
- 2.08% 5 Year Fixed, £999 product fee, 85% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 2.06%
Remortgage
- Great Escape 1.97% 2 Year Fixed, £0 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.95%
- Great Escape 1.99% 2 Year Fixed, £0 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.97%
Buy-to-let
Purchase/Remortgage
- Premier 2.55% 2 Year Fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.46%
- Premier 2.07% 5 Year Fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £2,000,000 will decrease to 2.03%
- 1.77% 2 Year Fixed, £1,795 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.68%
- 2.56% 2 Year Fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.47%
- 2.08% 5 Year Fixed, £1,795 product fee, 60% LTV, Min loan £35,000, Max loan £500,000 will decrease to 2.04%
- 2.38% 5 Year Fixed, £1,795 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.35%
- 2.75% 5 Year Fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.73%