Two year fixed rates now start from 1.39% at 60% LTV, 1.69% at 75% LTV and 1.77% at 80% LTV.
New five year fixed rates include a 60% LTV at 2.19% and a 70% LTV at 2.45%.
Craig Calder, director of Mortgages for Barclays, said:
“The Spring months are traditionally a period of increased house buying activity and we have introduced some new competitive low rates to meet customer demand.
“The 2 and 5 year deals are significantly lower than the average market Standard Variable Rate of 4.57 per cent. They provide an opportunity for any homeowners who are either sitting on their lenders SVR or whose current fixed rate mortgage deal is coming to an end, to reduce their outgoings by fixing their monthly mortgage payments, and creating both savings and certainty.”
