Barclays reduces resi and BTL products by up to 10bps Mortgage Finance Gazette

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Barclays has cut selected rates for new customers among its residential, landlord and reward ranges by between 5 basis points and 10bps. 

Highlights of its changes include: 

Residential — purchase only 

* 5.75% premier two-year fixed-rate deals, with a £899 product fee, fall to 5.67% 

* 5.19% five-year fixed-rate deals, with a £899 product fee, fall to 5.15% 

Remortgage only 

* 5.95% Premier two-year fixed-rate deals, with a £999 product fee, fall to 5.87% 

* 5.39% five-year fixed-rate deals, with a £999 product fee, fall to 5.34% 

Residential — existing customer reward range 

  • 6.33% EMC reward one-year fixed-rate deals, with no fee, fall to 6.23% 
  • 5.37% EMC reward five-year fixed-rate deals, with a £999 product fee, fall to 5.27% 

Buy to Let — existing customer reward range 

* 6.20% EMC reward BTL two-year fixed-rate deals, with a £1795 product fee, fall to 5.80% 

* 6.20% EMC reward BTL five-year fixed-rate deals, with no fee, fall to 5.75% 

The lender also launches a residential 6.21% EMC Reward one-year fixed-rate product, with no fee at 60% LTV. 

And a permission to let 6.67% EMC reward two-year tracker, with a £299 product fee.