Barclays is withdrawing its core residential products at 75 per cent loan-to-value in a bid to manage demand,

On Monday the lender announced it was withdrawing one of its 85 per cent LTV deals for the same reason.

Brokers will have nine days until Friday October 9 to complete applications for the 75 per cent LTV products that are being withdrawn, so long as they have a successful case booking.

The products being withdrawn are, for purchase only:

• 1.85 per cent two-year fixed £0 product fee, 75 per cent LTV, min loan £5,000, max loan £5m
• 1.99 per cent five-year fixed £0 product fee, 75 per cent LTV, min loan £5,000, max loan £5m

For remortgage only:

• 1.82 per cent Great Escape two-year fixed £0 product fee, 75 per cent LTV, min loan £50,000, max loan £1m
• 1.84 per cent Great Escape five-year fixed £0 product fee, 75 per cent LTV, min loan £50,000, max loan £1m

For purchase and remortgage only:

• 1.67 per cent two-year tracker £999 product fee, 75 per cent LTV, min loan £5,000, max loan £2m
• 1.36 per cent two-year tracker £1,999 product fee, 75 per cent LTV, min loan £2m, max loan £5m
• 1.59 per cent two-year fixed £999 product fee, 75 per cent LTV, min loan £5,000, max loan £5m
• 1.89 per cent three-year fixed £0 product fee, 75 per cent LTV, min loan £5000, max loan £1m
• 1.79 per cent five-year fixed £999 product fee, 75 per cent LTV, min loan £5,000, max loan £5m

In the email to brokers, Barclays says: “This action was taken to assist us in effectively managing our application flow, so we can maintain our service levels for you and your clients, following a number of recent pricing changes within the market.”

It adds: “We can confirm that this is a short-term change as we expect to communicate new product options in due course.”