Barclays has cut interest rates on a number of of its two five, seven and 10-year fixed products.
A new two year fixed rate mortgage is available at 1.33% for residential mortgages up to 60% LTV, previously available at 1.35% for remortgage and 1.39% for purchase.
In addition, Barclays is reducing its 10-year fixed rates at 60% and 80% LTVs by 0.30 based points to 2.49% and 2.69%.
Full changes are as follows:
| Product | LTV (%) | Old Rate | New Rate | Application Fee | Min Loan | Max Loan |
| Fixed Rates | ||||||
| 2 year fixed | 60 | NEW | 1.33% | £999 | £5,000 | £1,000,000 |
| 2 year fixed | 75 | 1.59% | 1.45% | £999 | £5,000 | £1,000,000 |
| Premier 2 year fixed | 75 | 1.55% | 1.45% | £499 | £5,000 | £1,500,000 |
| 5 year fixed | 60 | 2.09% | 1.99% | £1,499 | £5,000 | £1,000,000 |
| 7 year fixed | 60 | 2.09% | 1.99% | £1,499 | £5,000 | £1,000,000 |
| 10 year fixed | 60 | 2.79% | 2.49% | £999 | £5,000 | £1,000,000 |
| 10 year fixed | 80 | 2.99% | 2.69% | £999 | £5,000 | £1,000,000 |
| Fixed Rates – Rate Switch Only | ||||||
| 2 year fixed | 65 | 1.34% | 1.32% | £999 | £5,000 | £1,500,000 |
| 2 year fixed | 80 | 1.54% | 1.44% | £499 | £5,000 | £1,500,000 |
| 5 year fixed | 65 | 1.99% | 1.98% | £999 | £5,000 | £1,500,000 |
| 7 year fixed | 65 | 2.08% | 1.98% | £999 | £5,000 | £1,500,000 |
| 10 year fixed | 80 | 2.99% | 2.68% | £999 | £5,000 | £1,500,000 |
| 10 year fixed | 60 | 2.78% | 2.48% | £999 | £5,000 | £1,500,000 |