Barclays has announced widespread rate cuts across its residential and buy-to-let mortgage ranges.
Available from tomorrow, residential remortgage products have reduced by up to 0.20%.
Two-year fixed rate remortgage products are now available from 4.57% at 60% LTV and 4.63% at 75% LTV, both with a £999 fee.
80% LTV two-year fixed rates have reduced by 0.18%, starting from 4.90% for a Premier product and 4.93% for the standard rate with a £999 fee.
A trio of 'Great Escape' two-year fixed rates with no fees have reduced by up to 0.20%, starting from 4.75% at 60% LTV, 4.85% at 75% LTV, and 5.16% at 80% LTV.
Three-year remortgage products are down by up to 0.18%, starting from 4.73% at 60% LTV and 4.83% at 75% LTV.
Five-year remortgage rates now start from 4.52%.
Buy-to-let
In Barclays' buy-to-let range, a variety of purchase and remortgage rates have seen reductions of up to 0.40%.
For purchases, two-year fixed rates now start from 4.70% at 60% LTV, with a five-year fix at 60% LTV down by 36bps to 4.69%.
Green Home two and five-year fixed rates have reduced by up to 0.36% across two and five-year fixed rates.
For buy-to-let remortgage, two-year fixed rates have reduced by up to 0.40%, now starting from 4.67% at 60% LTV and 4.88% at 75% LTV.
Five-year fixed rate remortgage products are available from 4.65% at 60% LTV and 4.78% at 75% LTV.
In addition, the bank has reduced two-year tracker rates by up to 10bps.
New remortgage products and EMC cuts
Alongside the rate cuts, Barclays has introduced new residential remortgage products, with a Premier two-year fix at 60% LTV available at 4.54% with a £999 fee, and a two-year offset tracker product launching at 5.80% up to 75% LTV with a £1,999 fee.
In addition, rates across residential and buy-to-let existing customer 'EMC Reward' products have reduced by up to 0.41%. The largest reductions are to two-year buy-to-let rates with no fees, down by 40bps to 5.10% at 75% LTV and by 41bps to 5.30% above 75% LTV.
