Barclays has reduced rates across a number of high-LTV purchase and remortgage products.
Available tomorrow, reductions will be made to selected two, three and five-year fixed products including Help to Buy and Green Home mortgages.
New products include a three-year fixed rate Premier product at 1.73% up to 85% LTV with a £999 product fee and a five-year fixed rate at 1.88% up to 80% LTV with a £499 fee.
Reductions on purchase and remortgage products include a two-year tracker at 85% LTV which will decrease from 1.72% to 1.64% with a £999 fee. A three-year fixed rate is being cut from 2.37% to 2.32% up to 90% LTV with no fee, while a five-year fixed rate is reducing by 5bps to 1.78% at 80% LTV with a £999 fee.
New purchase only rates include free-free two-year fixed rates which now start at 1.92% up to 85% LTV and 2.08% up to 90% LTV.
Green Home rates now start at 2.03% fixed for two years up to 90% LTV with no fee, while a five-year fixed rate Green Home Help to Buy product has decreased to 1.76% at 75% LTV with a £749 fee.
Barclays has reduced rates across a number of Help to Buy products.
Help to Buy two-year fixed rates are being cut to 1.75% at 75% LTV with no product fee and five-year fixed rates will decrease to 1.98% with no product fee or 1.81% with a £749 fee.
Help to Buy Scotland rate reductions include five-year fixed rates which now start from 1.96% up to 80% LTV with a £499 fee or 2.06% fee-free.
A Help to Buy London five-year product has fallen from 1.64% to 1.58% at 55% LTV with a £749 fee and a New Build Help to Buy five-year fixed rate is decreasing from 2.18% to 2.03% up to 75% LTV with no product fee and £500 cashback.
Two buy-to-let products will also see reductions, including a two-year fixed rate at 1.35% up to 60% LTV with a £1,795 fee.
Barclays confirmed that there are no products increasing in rate or being withdrawn as part of the launch.