Barclays has made a number of product rate cuts and has launched three new residential products.

Rate cuts have been made within both residential and buy-to-let product lines.

For residential products, all changes occur within products available at up to 60 per cent LTV and, for purchases, comprise the two-year fix with zero fee being cut from 1.95 per cent to 1.77 per cent and the five-year fix with zero fee decreasing from 1.89 per cent to 1.76 per cent.

For remortgages, the two-year fix with £1,999 fee has been reduced from 1.34 per cent to 1.28 per cent and the five-year fix with £1,999 fee from 1.55 per cent to 1.43 per cent.

And, for purchase and remortgages, the two-year fix with £999 fee has been taken from 1.34 per cent to 1.28 per cent.

In the BTL space, standout product changes include the 60 per cent LTV two-year fix purchase product with £1,295 fee being cut from 1.95 per cent to 1.80 per cent and the five-year fix remortgage product with £1,795 fee being cut from 2 per cent to 1.85 per cent.

For purchase and remortgage, meanwhile, the 60 per cent LTV five-year fix with £2,495 fee has had its rate cut from 2.45 per cent to 2.10 per cent.

The three products are all available at up to 85 per cent LTV and consist of a two-year fix with zero fee at 3.13 per cent, a three-year fix with £999 fee at 2.94 per cent and a five-year fix with £999 fee at 2.95 per cent.

The two-year fix is for purchase only and the three- and five-year fix for purchase and remortgage.